Danaher Corporation
recently delivered a solid set of second-quarter earnings that belied
some of the disappointing reports we have seen from other companies in
the industrial sector in this current earnings season. The company is
known for its business model of acquiring companies and then applying
its Danaher Business System, or DBS, in order to increase their
productivity.
Let's take a closer look at the earnings report and by use of a slideshow see if the business model is still working
READ THE FULL
EQUITY RESEARCH ARTICLE LINKED
Emerson Electric (NYSE:EMR) was
already having a difficult 2015, but unfortunately it just got a bit
worse with its third-quarter results. The company continued its
three-quarter-long streak of lowering its underlying revenue guidance,
and management continued to caution investors that market conditions are
likely to remain difficult for the next year. Let's take a closer look
at the underlying trends in the results, and the pressures building up
on the company.
READ THE EQUITY RESEARCH ARTICLE LINKED
Cognex Corporation
delivered a solid set of results for its second quarter, but its
guidance for the third quarter was nothing less than a disappointment.
In short, management's expectations for revenue fell significantly short
of expectations. The news is all the more disconcerting because the
company has been taking steps to gear up for growth in precisely the
kind of orders and revenue that won't be appearing in the third quarter.
What went wrong?
READ THE FULL
EQUITY RESEARCH ARTICLE LINKED
Engine and powertrain company BorgWarner
released its second-quarter earnings today, and disappointed the market
by missing analyst estimates and reducing its full-year guidance. If
there's one thing you can conclude from the recent spate of earnings in
the industrial sector, it's that China's automotive sector is slowing.
In truth, after missing analyst estimates
in its first quarter, the pressure was on BorgWarner to come up with a
good set of results this time around. Unfortunately, a combination of
factors conspired to disappoint such hopes. Let's take a closer look at
what happened.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
Commercial real estate services company Jones Lang LaSalle
delivered another strong set of results in its second-quarter and one
detail in its earnings and guidance helped allay some concerns over the
North American commercial construction market.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
Precision Castparts (NYSE:PCP)
missed analyst estimates for revenue and EPS in its first-quarter
results, yet the stock moved sharply higher on the day. The company has
disappointed investors with its past few earnings reports, but that
wasn't enough to stop Warren Buffett's Berkshire Hathaway
from adding to its position in the stock. Despite the disappointments,
or possibly because of them, the stock has become a value proposition.
Let's look at what happened in its first quarter.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
Investors in Johnson Controls Inc. (NYSE:JCI)
have watched the company being restructured in the past couple of
years, and the recent third-quarter results promised more of the same.
Having announced an intent to explore strategic options for its
Automotive Experience segment (dealing in car seating and interiors) in
June, management subsequently released third-quarter results and
announced plans for a tax-free spinoff of the segment -- one that could
change the nature of the company. With this development in mind, let's
look at the five key takeaways from the earnings report.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
Despite some disappointing developments in the last three months, United Parcel Service (NYSE:UPS)
managed to beat earnings estimates with its second-quarter results.
Moreover, management pleased investors when it expressed confidence in
hitting the upper end of the company's full-year guidance range. The
stock is up more than 5% as of this writing. Let's take a look at how
the package delivery company managed to do this.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
For the second quarter in a row, staffing specialist Robert Half International (NYSE:RHI)
reported a good set of results -- only for the market to sell off the
stock. Guessing how and why the market reacts to earnings reports is a
thankless task, and investors are probably better occupied by focusing
on what the numbers mean for the developing trends in the business. With
that in mind, let's take a look at the tale of Robert Half's second
quarter.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
Engineering and design software company Dassault Systemes (OTC:DASTY)
has had a strong year so far in 2015, with the stock price up 26% year
to date. Moreover, its second-quarter results confirmed the company's
growth prospects, and for the second quarter in a row, management
upgraded its full-year guidance.
Let's take a look at four key takeaways from the results.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
Check Point Software Technologies Ltd. (NASDAQ:CHKP)
released a set of second-quarter earnings that suggested the company is
on track with most of its growth initiatives in 2015. In recent years,
the company has been known as the highly cash generative but low growth
investment option in the network security sector. However, given its
recent performance it might be time to reappraise that assessment. Let's
take a closer look at the results.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
Illinois Tool Works (NYSE:ITW)
unveiled a mixed set of second-quarter results that initially
disappointed the market, and the stock is marked down a few percentage
points as of this writing. However, there are a lot of things going on
underneath the surface of the headline numbers. Let's take a closer look
as I highlight the key points in the quarter.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
Back in October of last year, I took a look at the investment prospects for Advance Auto Parts,
(NYSE: AAP) stock. The investment case for buying the stock rests on
the successful integration of General Parts International, a deal that
results in Advance Auto becoming the largest auto parts retailer in the
U.S.
With the stock up more than 25% since October, I thought it would be
time to update investors on progress with the integration. Is it going
smoothly enough to justify the stock price move?
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
