By PR Newswire, October 29, 2013, 09:00:00 AM EDT
NEW YORK, October 29, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting General Electric Company (NYSE:GE), Generac Holdings Inc. (NYSE:GNRC), Flowserve Corporation (NYSE:FLS), Dover Corporation (NYSE:DOV), and Pall Corporation (NYSE:PLL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
General Electric Company Research Report
On October 24, 2013, General Electric Company ( GE ) reported that its commercial aircraft leasing and financing arm, GE Capital Aviation Services Limited (GECAS), announced the delivery of a new Airbus A320 to Spring Airlines for expanding latter's fleet. The Company informed that the aircraft comes from GECAS' existing order book with Airbus. The Full Research Report on General Electric Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6f32_GE]
Generac Holdings Inc. Research Report
On October 24, 2013, Generac Holdings Inc. (Generac) reported its Q3 2013 financial results. The Company's net sales increased 20.9% YoY to $363.3 million. Net income was $47.1 million, or $0.67 per diluted share compared with $25.5 million, or $0.37 per share, in Q3 2012. Aaron Jagdfeld, President and CEO of Generac, commented, "We experienced double-digit organic revenue growth again during the quarter as a result of increased spending from our national account customers and continued adoption of standby generators for both residential and commercial applications." For full-year 2013, the Company expects its net sales to increase in the low-to-mid 20% range YoY. The Full Research Report on Generac Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2bd4_GNRC]
Flowserve Corporation Research Report
On October 24, 2013, Flowserve Corporation (Flowserve) reported its Q3 2013 financial results. The Company reported sales of $1.2 billion, up 5.4 % YoY. Net earnings attributable to Flowserve were $126.3 million, or $0.90 per diluted share, compared to $106.3 million, or $0.69 per diluted share, in Q3 2012. Commenting on the results, Mike Taff, Senior Vice President and CFO of Flowserve, stated, "For the third quarter of 2013, our single-digit revenue increase produced solid operating leverage and incremental margins. These improvements, when combined with the share count reduction, delivered EPS growth over 30%." He Continued, "We are encouraged by the year-to-date results we have delivered with a more level-loaded business, but we still anticipate the fourth quarter to be the pinnacle of the full year. As such, we have increased the lower-end of our prior guidance range, and now expect 2013 EPS between $3.33 and $3.53." The Full Research Report on Flowserve Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f1c0_FLS]
Dover Corporation Research Report
On October 17, 2013, Dover Corporation (Dover) reported its Q3 2013 financial results. During the quarter, the Company's revenue totaled $2.3 billion, up 7.4% YoY. Net earnings were $269.1 million or $1.56 per diluted share, compared with $241 million or $1.31 per diluted share in Q3 2012. Robert A. Livingston, President and CEO of Dover, commented, "I am pleased with our strong third quarter results, which were driven by broad-based organic growth across all segments." He Continued, "While our overall third quarter performance was strong, market conditions proved to be softer than anticipated. As a result, we are revising our organic growth expectations to the low-end of our prior range, and now expect full year growth of about 3%. Our acquisition growth remains unchanged at 4%, resulting in total full-year revenue growth of approximately 7%. Based on this revised revenue guidance, we are narrowing our full year EPS guidance to the range of $5.57 to $5.64." The Full Research Report on Dover Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/66a8_DOV]
Pall Corporation Research Report
On October 15, 2013, Pall Corporation (Pall) opened the Pall Life Sciences Centre of Excellence (CoE) at its new Zhangjiang site in Shanghai, People's Republic of China. The Company stated that the new CoE offers biopharmaceutical process solutions, technical and validation support, and training, extending Pall's local capabilities for its growing base of life sciences customers in the region. Hang Gek Low, Vice President of Pall China, stated, "China is an important market for Pall and long-term, favorable economic trends give us the confidence to continue development in the potentially high-growth region. The establishment of the Shanghai CoE enhances our ability to service customers in the area while enabling us to provide dedicated support for Chinese enterprises exploring overseas markets." The Full Research Report on Pall Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d2f7_PLL]
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