|By PR Newswire||
|July 30, 2014 08:40 AM EDT||
NEW YORK, July 30, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Emerson Electric Co. (NYSE: EMR), Altra Industrial Motion Corp. (NASDAQ: AIMC), A. O. Smith Corporation (NYSE: AOS), Hydrogenics Corporation (NASDAQ: HYGS) and Regal- Beloit Corporation (NYSE: RBC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5249-100free.
Emerson Electric Co. Research Reports
On July 15, 2014, Emerson Electric Co. (Emerson) announced that it plans to report its Q3 FY 2014 results on August 5, 2014, before market opens. The Company informed that on the same day, it has scheduled a conference call at 2:00 p.m. ET (1:00 p.m. CT) to discuss the results. Emerson stated that the live conference call and replay of the same for 3 months will be accessible via the Investor Relations section of its website. The full research reports on Emerson are available to download free of charge at:
Altra Industrial Motion Corp. Research Reports
On July 24, 2014, Altra Industrial Motion Corp. (Altra) reported Q2 2014 financial results. Net sales increased 18.8% YoY to $215.2 million. Net income was $12.8 million, or $0.46 per diluted share, compared with $10.7 million, or $0.40 per diluted share, in Q2 2013. Non-GAAP net income was $13.1 million, or $0.48 per diluted share, compared with $10.9 million, or $0.41 per diluted share, in Q2 2013. Carl Christenson, Altra CEO said, "Second-quarter revenue and earnings were strong compared with a year ago. The majority of our end markets improved when compared with a year ago, while mining is the one notable exception and continues to be quite weak." Altra stated that for full-year 2014, it will maintain its previous revenue guidance of $800 million to $825 million, while it has reduced its non-GAAP diluted EPS guidance to $1.75 to $1.85. The full research reports on Altra are available to download free of charge at:
A. O. Smith Corporation Research Reports
On July 22, 2014, A. O. Smith Corporation reported Q2 2014 financial results. Sales totaled $595.4 million, up 8.4% YoY. Net earnings were $57.3 million, or $0.63 per diluted share, compared with $42.1 million, or $0.45 per diluted share, in Q2 2013. Chairman and CEO Ajita G. Rajendra commented, "A. O. Smith enjoyed excellent performance in the second quarter thanks to strong contributions from our China business, with sales up 17 percent and operating profit up significantly in the quarter. Our U. S. water heater and boiler sales continue to drive our domestic growth." He added, "Given confidence from our strong first half, we upgraded our guidance for 2014. We believe A. O. Smith Corporation will achieve full-year GAAP earnings of between $2.20 and $2.26 per share, and achieve full-year adjusted earnings of between $2.34 and $2.40 per share." The full research reports on A. O. Smith are available to download free of charge at:
Hydrogenics Corporation Research Reports
On July 25, 2014, Hydrogenics Corporation (Hydrogenics) announced that it has been chosen as a Preferred Respondent by the Independent Electricity System Operator (IESO) for Ontario in the latter's procurement for Grid Energy Storage. The Company informed that it expects this Power-to-Gas project to deliver 2MW of storage capacity. Hydrogenics stated that as a Preferred Respondent, it will supply IESO's next-generation PEM electrolyzers and is partnering with Enbridge Inc. (Enbridge) to develop, build, and operate the energy storage facility to provide regulation services to the IESO under contract. Daryl Wilson, CEO of Hydrogenics stated, "We are very excited to have been awarded this Power-to-Gas project, the first of its kind in North America. We have already experienced the positive impact of having a highly visible reference site with E.ON in Germany, and our partnership with Enbridge will make this application an excellent reference site closer to home." The full research reports on Hydrogenics are available to download free of charge at:
Regal- Beloit Corporation Research Reports
On July 25, 2014, Regal-Beloit Corporation's (Regal-Beloit) Chairman and CEO Mark J. Gliebe announced that its Board of Directors has declared a dividend of $0.22 per share. According to the Company, the dividend is payable on October 8, 2014 to shareholders of record at the close of business on September 24, 2014. Regal-Beloit added that this dividend is its 217th consecutive dividend. The full research reports on Regal-Beloit are available to download free of charge at:
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