Financial Results Release, Fund Raising, and Company Tours - Research Report on Honeywell, Ingersoll-Rand, Rockwell Collins, ATK, and HII
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NEW YORK, July 24, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Honeywell International Inc. (NYSE: HON), Ingersoll-Rand plc (NYSE: IR), Rockwell Collins, Inc. (NYSE: COL), Alliant Techsystems Inc. (NYSE: ATK), and Huntington Ingalls Industries Inc. (NYSE: HII). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Honeywell International Inc. Research Report
On July 19, 2013, Honeywell International Inc. (Honeywell) announced its Q2 2013 financial results. Total sales increased 2.7% YoY to $9.7 billion. EPS was up 12.3% YoY to $1.28. Commenting on the results, Honeywell CEO Dave Cote, said, "Despite operating in a slow growth macro environment, we saw good organic growth in ACS's Energy, Safety and Security business and in Turbo Technologies, both of which continue to outgrow the key end markets in which they compete." He further added, "Our long-cycle businesses, including Commercial Aerospace, Process Solutions, and UOP, also continue to perform well, benefitting from favorable macro-trends, winning new contracts, and maintaining a strong backlog, which currently stands at $15.5B." Honeywell expects full-year 2013 sales to be in range $38.9 billion to $ 39.3 billion and EPS to be in range of $ 4.85 to $4.95. The Full Research Report on Honeywell International 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/4b68_HON]
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Ingersoll-Rand plc Research Report
On July 19, 2013, Ingersoll-Rand plc (Ingersoll-Rand) reported its Q2 2013 financial results. Revenues increased 2.9% YoY to $3.9 billion. Net earnings were $317.2 million or $1.05 per share compared to net earnings of $365.8 million or $1.16 per share in Q2 2012. Commenting on the results, Michael W. Lamach, Chairman and CEO of Ingersoll-Rand, said, "We delivered revenue growth and earnings above our commitment in the second quarter with solid operational execution across the company. At the same time, we completed critical milestones related to the security business spinoff and concluded a successful debt offering that improved our liquidity and reduced our future interest costs. The quarter demonstrated our continued ability to successfully navigate challenging market environments and deliver operating leverage while still making strategic investments to support the company's long-term growth strategy." The Full Research Report on Ingersoll-Rand plc - 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/344f_IR]
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Rockwell Collins, Inc. Research Report
On July 19, 2013, Rockwell Collins, Inc. (Rockwell Collins) reported its Q3 FY 2013 financial results (period ended June 30, 2013). Total sales declined 3.3% YoY c.$1.2 billion. According to the Company, Commercial systems sales increased 7% YoY to $563 million, while Government Systems revenue declined 11.3% YoY to $602 million. Net income for Q3 FY 2013 was $164 million or $1.20 per diluted share, compared to net income of $166 million or $1.14 per diluted share in Q3 FY 2012. Commenting on the results, Rockwell Collins Chairman and CEO, Clay Jones, said, "Despite the lingering impact of defense budget reductions, I believe the operating performance of our company was outstanding in the third quarter. Additionally, operating cash flow generation is 61% greater than this point last year. This earnings and cash performance was driven by double-digit growth in commercial aftermarket revenue and our continued focus on cost containment, program performance and asset management."The Company also expects FY 2013 sales to be in the range of $4.6 billion to $4.7 billion, and EPS to be within $4.55 to $4.60 range. The Full Research Report on Rockwell Collins, 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/8aa7_COL]
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Alliant Techsystems Inc. Research Report
On July 15, 2013, Alliant Techsystems Inc. (ATK) announced that the Company's Missile Products division's Relay for Life Team in Elkton raised more than $12,000 during the Relay for Life Event held at Elkton High School. The ATK team was also awarded third place as the top fundraising team and also received the "Most Improved Team" award, after surpassing the 2012 ATK Relay for Life team in fundraising by more than $8000. The Full Research Report on Alliant Techsystems 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/29c5_ATK]
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Huntington Ingalls Industries Inc. Research Report
On July 19, 2013, Huntington Ingalls Industries Inc. (HII) announced that it hosted U.S. Senators Dick Durbin (D-III) and Tim Kaine (D-Va) for a tour of the Company's Newport News Shipbuilding (NNS) division. According to the Company, the visit gave Durbin an opportunity to meet shipbuilders and see firsthand the complexities of shipbuilding. HII President and CEO Mike Petters accompanied the senators on the shipyard tour, which included visits in aircraft carrier and submarine construction facilities and a tour of aircraft carrier Gerald R. Ford (CVN 78), which is 62% overall complete, and will be christened on November 9, 2013. U.S. Senator Dick Durbin stated, "We've got to make certain they have continuity of work, not just so that the largest private employer in the state is maintaining its workforce, but that we have these skilled shipbuilders available when we need them-and we need them virtually all of the time." The Full Research Report on Huntington Ingalls Industries 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/0efd_HII]
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SOURCE Analysts' Corner
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