• Rockwell Automation (ROK) Q4 Earnings and Revenues Top Estimates
    Zacks

    Rockwell Automation (ROK) Q4 Earnings and Revenues Top Estimates

    Rockwell Automation (ROK) delivered earnings and revenue surprises of 4.69% and 4.44%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Thomson Reuters StreetEvents

    Edited Transcript of BRKS earnings conference call or presentation 6-Nov-19 9:30pm GMT

    Q4 2019 Brooks Automation Inc Earnings Call

  • Thomson Reuters StreetEvents

    Edited Transcript of EMR earnings conference call or presentation 5-Nov-19 7:30pm GMT

    Q4 2019 Emerson Electric Co Earnings Call

  • Thomson Reuters StreetEvents

    Edited Transcript of KAMN earnings conference call or presentation 5-Nov-19 1:30pm GMT

    Q3 2019 Kaman Corp Earnings Call

  • Emerson Launches ASCO Series 273 for Life Sciences Market
    Zacks

    Emerson Launches ASCO Series 273 for Life Sciences Market

    Emerson (EMR) ASCO Series 273 Pinch Valve provides better safety to operators apart from enabling them to accelerate setup, in turn, reducing costs and making unscheduled maintenance simple.

  • Is Accuray Incorporated (NASDAQ:ARAY) Trading At A 30% Discount?
    Simply Wall St.

    Is Accuray Incorporated (NASDAQ:ARAY) Trading At A 30% Discount?

    In this article we are going to estimate the intrinsic value of Accuray Incorporated (NASDAQ:ARAY) by estimating the...

  • Pentagon Gets a Fix for F-35 Bug in $400,000 Pilot Helmets
    Bloomberg

    Pentagon Gets a Fix for F-35 Bug in $400,000 Pilot Helmets

    (Bloomberg) -- The U.S. military may have finally found a way to fix a glitch with the world’s most high-tech helmet used by pilots flying the most expensive fighter jet in history.A bug in the $400,000 helmet display screen used by F-35 aviators caused a green glow when flying in very low-light conditions and is now expected to be overcome by using a different type of semiconductor illumination.The distracting green glow was deemed so critical that restrictions were imposed on some night landings on aircraft carriers, and the fault was classified as a “Priority One” fix by the Pentagon’s test office. Jittery lines were also visible to some pilots.Defense giant Lockheed Martin Corp. has been contracted by the F-35 Joint Program Office for the redesign, modifying headpieces by installing new organic light-emitting diodes to replace traditional liquid crystal displays.“In partnership with the F-35 Joint Program Office and our U.S. Navy customer, we’ve been working to transition the helmet technology from a traditional LCD to an Organic LED system,” Program Manager Jim Gigliotti said by email. Lockheed Martin did not provide a figure for the number of helmets requiring modification or the upgrade cost.OLED technology can provide a number of manufacturing and user benefits over older LCD alternatives, including the use of flexible screens, improved picture quality and quicker response times, and are used in flat-panel TVs, smartphones and digital wristwatches. OLED benefits, however, may come at the cost of shorter screen lifespans.The contract announcement for new helmet displays comes just days before a joint hearing of House Armed Services Committee panels into the troubled $406 billion F-35 program, the most expensive weapon project in history.The project has been plagued by problems during its two-decade development phase. Last year, the Government Accountability Office said the project had 966 outstanding glitches, with more than 150 not expected to be resolved before full-rate production.And the stealthy jet is still months away from the completion of rigorous combat testing against potential adversaries’ defense systems. Nevertheless, the Pentagon is confident in the aircraft’s abilities. A $34 billion follow-on award was made last month for 478 more fighters, taking the existing production count toward 1,000 planes -- out of a planned total of at least 3,100.The F-35 is available in three variants and is used by the Air Force, Navy and Marine Corps. More than 10 countries have committed to buy the airplane, including Japan, South Korea, Britain, Israel, Australia and the Netherlands.The state-of-the-art helmets are made as part of a joint venture by Rockwell Collins Inc. and Elbit Systems of America. The shells combine Kevlar and carbon fiber, and custom-made to snugly fit the cranial contours of each pilot. Replacements can be made using a database of head measurements kept for each pilot.One high-tech feature of the helmet display is an ability for a pilot to see video imagery of where they will land simply by looking down during vertical descent. Weapon lock-on can be achieved by looking at targets through the helmets.“We’re in the process of developing, improving and fielding the new system and the feedback from users has been extremely positive,” Gigliotti said. The pilots are “excited to get this new equipment.”To contact the reporter on this story: Pete Norman in London at pnorman6@bloomberg.netTo contact the editors responsible for this story: Andrew Davis at abdavis@bloomberg.net, Steve GeimannFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Thomson Reuters StreetEvents

    Edited Transcript of OII earnings conference call or presentation 31-Oct-19 3:00pm GMT

    Q3 2019 Oceaneering International Inc Earnings Call

  • Are Investors Undervaluing Science Applications International Corporation (NYSE:SAIC) By 38%?
    Simply Wall St.

    Are Investors Undervaluing Science Applications International Corporation (NYSE:SAIC) By 38%?

    Today we will run through one way of estimating the intrinsic value of Science Applications International Corporation...

  • Moving Average Crossover Alert: Intuitive Surgical
    Zacks

    Moving Average Crossover Alert: Intuitive Surgical

    Intuitive Surgical is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

  • Triumph Group's (TGI) Q2 Earnings & Sales Beat Estimates
    Zacks

    Triumph Group's (TGI) Q2 Earnings & Sales Beat Estimates

    Triumph Group's (TGI) second-quarter results reflect higher sales and margin expansion in its Integrated Systems segment on strong demand.

  • Viasat (VSAT) Q2 Earnings & Revenues Beat Estimates, Up Y/Y
    Zacks

    Viasat (VSAT) Q2 Earnings & Revenues Beat Estimates, Up Y/Y

    Viasat (VSAT) fiscal second-quarter earnings gain from sustained momentum in satellite services and government systems segment, along with year-over-year rise in operating income and product revenues.

  • Top Stock Reports for Alibaba, General Electric & Anthem
    Zacks

    Top Stock Reports for Alibaba, General Electric & Anthem

    Top Stock Reports for Alibaba, General Electric & Anthem

  • Huntington Ingalls' (HII) Q3 Earnings Beat, Revenues Up Y/Y
    Zacks

    Huntington Ingalls' (HII) Q3 Earnings Beat, Revenues Up Y/Y

    Huntington Ingalls' (HII) top line up 6.5% year over year to $2,219 million, owing to higher volume in the Newport News Shipbuilding division and growth in the Technical Solutions division.

  • Emerson Electric Co. (NYSE:EMR) Is Yielding 2.7% - But Is It A Buy?
    Simply Wall St.

    Emerson Electric Co. (NYSE:EMR) Is Yielding 2.7% - But Is It A Buy?

    Could Emerson Electric Co. (NYSE:EMR) be an attractive dividend share to own for the long haul? Investors are often...

  • Brooks Automation (BRKS) Surpasses Q4 Earnings and Revenue Estimates
    Zacks

    Brooks Automation (BRKS) Surpasses Q4 Earnings and Revenue Estimates

    Brooks (BRKS) delivered earnings and revenue surprises of 30.43% and 2.28%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Why the Dow will hit 30K before the next election
    Yahoo Finance

    Why the Dow will hit 30K before the next election

    Overall, we are in an equity-friendly environment because the economy is growing, the consumer is strong, and the global central banks are on the market’s side.

  • Kratos' (KTOS) Q3 Earnings Beat Estimates, Revenues Rise Y/Y
    Zacks

    Kratos' (KTOS) Q3 Earnings Beat Estimates, Revenues Rise Y/Y

    Kratos Defense's (KTOS) Q3 sales total $184.1 million, beating the Zacks Consensus Estimate by a whisker. Sales rise 15.5% year over year.

  • What's in Store for Rockwell Automation (ROK) in Q4 Earnings?
    Zacks

    What's in Store for Rockwell Automation (ROK) in Q4 Earnings?

    Rockwell Automation's (ROK) fourth-quarter results are likely to reflect the impact of the overall slowdown in the manufacturing sector, softness in the automotive market and higher input costs.

  • When Does Market Timing Actually Work? - November 06, 2019
    Zacks

    When Does Market Timing Actually Work? - November 06, 2019

    Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?

  • Oceaneering's (OII) Q3 Earnings and Revenues Miss Estimates
    Zacks

    Oceaneering's (OII) Q3 Earnings and Revenues Miss Estimates

    Oceaneering (OII) anticipates sequential improvement from its 'Advanced Technologies' unit in Q4 but lower contribution from the ROV and the 'Subsea Products' segments.

  • Will Newport News Drive Huntington Ingalls (HII) Q3 Earnings?
    Zacks

    Will Newport News Drive Huntington Ingalls (HII) Q3 Earnings?

    Deliveries of NSC8 made by Huntington Ingalls (HII) are likely to have contributed favorably to the Ingalls Shipbuilding segment's revenues in the third quarter.

  • Emerson Avoids an Activist Fight But Not the Gloom
    Bloomberg

    Emerson Avoids an Activist Fight But Not the Gloom

    (Bloomberg Opinion) -- Emerson Electric Co. may have dodged a proxy fight, but it can’t avoid an earnings slump.The maker of air-conditioner components and automation equipment said Tuesday that it would add the former chief executive officer of Flowserve Corp. to its board and pledged to complete a review of its operations by February. The moves are meant to be a balm for activist investor D.E. Shaw & Co., which has called for more aggressive cost cuts, corporate governance improvements and a breakup. A lack of tangible commitments and deadlines in Emerson’s agreement to consider the activist’s recommendations likely contributed to a notably feisty letter from D.E. Shaw last month that blasted what it described as a bloated budget, including a corporate aviation department with no fewer than eight jets, a helicopter and its own intern.Emerson’s new board member, Mark Blinn, was CEO of Flowserve from 2009 to 2017. He’s not a household name, and Flowserve underperformed the S&P 500 Index during his tenure, but he was one of four candidates D.E. Shaw recommended, according to Bloomberg News. As such, the activist said Tuesday that it would back the company’s slate. According to D.E. Shaw, Emerson has also committed to reviewing how it pays its executives and will seek shareholder approval to amend its charter so that directors are elected annually. There was no update on those corporate jets in the earnings materials released Tuesday morning, although a conference call is scheduled for later this afternoon.Emerson’s concessions to D.E. Shaw are wise; it’s not in a position to pick a fight now. Also on Tuesday, the company released disappointing guidance for its 2020 fiscal year and predicted the coming U.S. presidential election, continued trade tensions and increased restructuring by manufacturers would leave investment decisions stalled. “We are planning for a challenging economic environment,” CEO David Farr said in the news release. This was a notably more downbeat outlook on the economy than other industrial companies have given this earnings season and contrasts with Parker-Hannifin Corp.’s prediction last week that its own sales slump would bottom out in the middle of its 2020 fiscal year.  Emerson’s guidance for $3.48 to $3.72 in adjusted earnings per share implies a decline compared with last year’s numbers on the same basis. Sales may slump as much as 2%, excluding the impact of currency swings and M&A. With numbers like that, Emerson’s goal of achieving $4.50 in EPS by 2021 would be a significant stretch. Emerson said it will “reset” its long-term guidance as part of its February update. What’s troubling is that Emerson’s 2020 outlook doesn’t appear to reflect many benefits from the $95 million it spent cutting costs over the past year to adjust its operations to the downturn, Gordon Haskett analyst John Inch wrote in a report on Tuesday. That’s key because cost cuts sit at the crux of D.E. Shaw’s argument for a higher stock price. Analysts have pushed back on D.E. Shaw’s estimate of more than $1 billion in excess costs at Emerson, noting that some of the activist investor’s margin comparisons are unfair because many of the company’s rivals strip out restructuring, pension expenses and other expenses. In response, Emerson provided additional details about its pension and stock compensation costs for its most recent results. But it also moved to an adjusted earnings outlook after previously giving its forecast on a GAAP basis except in certain circumstances. The company says this is because 2020 restructuring actions will be determined as part of the board’s review and the guidance will be updated in February to reflect that. Let’s hope that’s true and that D.E. Shaw’s push doesn’t have the unfortunate side effect of yet another industrial company becoming addicted to earnings adjustments.To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Daniel Niemi at dniemi1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Which Companies Recently Raised Guidance?
    Yahoo Finance

    Which Companies Recently Raised Guidance?

    Third-quarter EPS season is in the homestretch, with blue-chip Utilities, Financial Services, Consumer and Industrial companies all releasing reports. Through 11/1/2019, Refinitiv reported that 356 S&P 500 companies have now announced 3Q earnings, with 76% coming in above consensus, ahead of the past four-quarters average percentage of 74%. The better-than-expected results have improved the overall forecast for the quarter to a -0.8%, from -3.2% at the start of the reporting season. Our analysts are always on the lookout for companies that raise their outlooks during earnings season. Management’s ability to “raise guidance” can often be a catalyst to strong returns in the quarters ahead. Following are 12 BUY-rated companies in Argus coverage for which management has raised guidance during the current EPS reporting season.