Quarterly and Full-Year Financial Results, Promising Partnerships, Earnings Release and Conference Schedules - Research Report on Eastman, CF Industries, Air Products, Praxair, and FMC
NEW YORK, October 31, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Eastman Chemical Co. (NYSE: EMN), CF Industries Holdings, Inc. (NYSE: CF), Air Products & Chemicals Inc. (NYSE: APD), Praxair Inc. (NYSE: PX) and FMC Corp. (NYSE: FMC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Eastman Chemical Co. Research Report
On October 24, 2013, Eastman Chemical Co. (Eastman) reported its Q3 2013 financial results. Eastman reported sales of $2.3 billion, up 3.5% YoY. Earnings attributable to stockholders came in at $1.97 per diluted share in Q3 2013, compared to $0.99 per diluted share in Q3 2012. Commenting on the results, Jim Rogers, Chairman and CEO said, "Our solid third-quarter earnings keep us on track for a fourth consecutive year of double-digit earnings growth despite continued global economic uncertainty and volatile raw material and energy costs. Cash generation was also strong in the quarter, and we expect to continue to generate strong free cash flow for years to come." The Full Research Report on Eastman Chemical Co. - 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/456e_EMN]
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CF Industries Holdings, Inc. Research Report
On October 22, 2013, CF Industries Holdings, Inc. (CF Industries) announced that it will report its Q3 2013 results on Monday, November 4, 2013, after the market close. On the following day, November 5, 2013, the Company will hold a conference call to review the results at 11:30 a.m. ET. Interested parties can access the live webcast of the conference call via the Company's website. The Full Research Report on CF Industries 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/a79c_CF]
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Air Products & Chemicals Inc. Research Report
On October 29, 2013, Air Products & Chemicals Inc. (Air Products) reported financial results for Q4 FY 2013 and full-year FY 2013 results. During the quarter, net income and diluted EPS from continuing operations were $150.2 million and $0.70, respectively, as compared to $137.1 million and $0.64, respectively in Q4 FY 2012. For full-year FY 2013, net income and diluted EPS from continuing operations were $1.0 billion and $4.73, respectively, as compared to $999.2 million and $4.66, respectively in Q4 FY 2012. Quarterly revenues came in at $2.6 billion, down 0.7% YoY; while full-year sales came in at $10.2 billion, up 5.9% YoY. Reflecting on the financial performance, John McGlade, Chairman, President and CEO said, "We delivered on our key priorities and produced strong returns for shareholders, reflecting our continued focus on cost reduction, productivity improvements and disciplined project execution. Despite a weak economy, our volumes improved and our productivity initiatives more than offset inflation." The Full Research Report on Air Products & Chemicals 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/e75a_APD]
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Praxair Inc. Research Report
On October 18, 2013, Praxair Inc. (Praxair) reported that White Martins, its Brazil-based subsidiary, has started up a new 800 tons per day air separation plant in the state of Minas Gerais, located in southeastern Brazil. The Company informed that under a long-term contract, Praxair's new plant will provide industrial gases to ArcelorMittal. Domingos Bulus, President of White Martins, commented, "Praxair and ArcelorMittal have had a long-term relationship in Minas Gerais and around the world and this project positions us well to continue to grow together in the future." The Full Research Report on Praxair 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/8868_PX]
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FMC Corp. Research Report
On October 28, 2013, FMC Corp. (FMC) released its Q3 2013 financial results. FMC reported quarterly revenues of $957.4 million, representing a 16.5% YoY growth. The Company reported net income of $17.9 million, or $0.13 per diluted share, in Q3 2013, compared to a net income of $90 million, or $0.65 per diluted share, in Q3 2012. Pierre Brondeau, FMC President, CEO and Chairman, commented, "We are pleased with the performance in the Agricultural Solutions business that has continued to outpace market growth. The Health and Nutrition business is now positioned to demonstrate strong revenue and earnings growth going forward. Our Minerals business is recovering with export prices increasing and lithium operational improvements successfully implemented. Despite a challenging year, we expect to deliver a solid performance with 13 percent revenue growth and 12 percent adjusted earnings per diluted share growth. We remain confident that all of our businesses are now aligned to finish 2013 in a position of strength and poised to accelerate growth in 2014." The Full Research Report on FMC Corp. - 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/a00b_FMC]
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