07.08.2013 14:00:00
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Financial Results, Donations, Certifications and Customer Growth - Research Report on Eaton, TE Connectivity, AMETEK, Acuity Brands, and Littelfuse
NEW YORK, August 7, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Eaton Corporation (NYSE: ETN), TE Connectivity Ltd. (NYSE: TEL), AMETEK, Inc. (NYSE: AME), Acuity Brands, Inc. (NYSE: AYI), and Littelfuse, Inc. (NASDAQ: LFUS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Eaton Corporation Research Report
On August 2, 2013, Eaton Corporation (Eaton) reported Q2 2013 financial results. The Company's sales in Q2 2013 were $5.6 billion, up 37.7% YoY. Operating earnings for Q2 2013 excluding charges (to integrate recent acquisitions of $39 million or $0.05 per share) stood at $519 million or $1.09 per share compared to $392 million or $1.15 per share in Q2 2012. Net income came in at $494 million or $1.04 per diluted share, compared to $382 million or $1.12 per diluted share, in Q2 2012. Alexander M. Cutler, Chairman and CEO of Eaton said "As the Cooper integration has progressed, we have been able to realize synergy savings at a faster pace than we had expected. We now estimate 2013 synergy savings to be $115 million, $25 million higher than our prior estimate. For 2014, we now estimate synergy savings of $210 million, $30 million higher than our earlier estimate." For Q3 2013, the Company expects operating EPS of $1.05 to $1.15, excluding charges of c.$64 million to integrate recent acquisitions. The Full Research Report on Eaton Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-04/ETN]
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TE Connectivity Ltd. Research Report
On July 30, 2013, TE Connectivity Ltd. (TE Connectivity) announced that it will donate $500,000 to provide Penn State Harrisburg engineering students in the School of Science, Engineering, and Technology, with expanded experiential learning opportunities. The Company informed that its $500,000 gift will create the TE Connectivity Capstone Design Endowment to fund Penn State Harrisburg senior engineering capstone projects, as well as create the TE Connectivity Lecture Series in Connector Design, in order to help students to network with industry experts. Tom Lynch, Chairman and CEO of TE Connectivity said "The TE Connectivity Capstone Design Endowment and the TE Connectivity Lecture Series in Connector Design will allow for collaboration between Penn State Harrisburg students and our Company's expert leaders. We see the grant and lecture series as an investment from our Company to further develop and inspire future engineers." The Full Research Report on TE Connectivity Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-04/TEL]
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AMETEK, Inc. Research Report
On August 1, 2013, AMETEK, Inc. (AMETEK) announced that AMETEK Sensors & Fluid Management Systems (SFMS) has received accreditation certification from the Civil Aviation Administration of China (CAAC) for its Reynosa Service Center (RSC) in Reynosa, Mexico. The Company informed that RSC - one of the three world- class service centers currently operated by AMETEK SFMS, already provides service and support to the major airlines flying in China and it seeks to offer a greater range of services as well as participate more actively in the Asian aerospace market. AMETEK informed that RSC is one of the three world- class service centers currently operated by AMETEK SFMS. According to the Company each facility is capable to repair most of AMETEK's extensive line of aircraft pressure, temperature, liquid level, fuel flow, hydraulic level, speed sensors, accelerometers, angle of attack (AOA) and stall computers. The Full Research Report on AMETEK, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-04/AME]
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Acuity Brands, Inc. Research Report
On July 25, 2013, Acuity Brands, Inc. (Acuity Brands) announced that the City of Chula Vista, California has installed almost 4,000 American Lighting Autobahn LED Series roadway luminaires from the Company to help reduce energy and maintenance costs for the city. The Company informed that the Autobahn LED Series roadway luminaires will reduce the city's energy consumption attributed to lighting by more than 45%. Acuity Brands said that its luminaires use photocell controls to eliminate day burning and limit operation to approximately 4,150 hours per year, or nearly 11 hours per day. The Full Research Report on Acuity Brands, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-04/AYI]
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Littelfuse, Inc. Research Report
On July 31, 2013, Littelfuse, Inc. (Littelfuse) reported for Q2 2013 financial results. The Company's sales were up 6.8% YoY to $187.8 million. Net income came in at $26.6 million, or $1.18 per diluted share, compared with $23.0 million, or $1.04 per diluted share, in Q2 2012. Gordon Hunter, CEO said "Overall, we had a very solid quarter with no surprises. The electronics business ramped up as expected. The automotive business continues to benefit from recent acquisitions and global growth in car production as well as content increases for both circuit protection and sensors. The electrical business is being affected by the expected declines in the mining segment, but is still performing well in the solar and industrial markets." For Q3 2013, Littelfuse expects sales of $195 million to $205 million, representing c.16% YoY growth, and diluted EPS to be in the range of $1.12 to $1.27. The Full Research Report on Littelfuse, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-04/LFUS]
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EDITOR NOTES:
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Aktien in diesem Artikel
Acuity Brands Inc. | 302,00 | 0,00% | |
Ametek Inc. | 184,24 | -0,16% | |
Eaton Corporation Public Limited Company | 351,25 | -0,04% | |
Littelfuse Inc. | 228,00 | -0,87% |