Quarterly Financial Results and Other Scheduled Events - Research Report on Vulcan Materials, Colfax, Hollysys Automation Technologies, Sturm, Ruger & Co and Caesarstone Sdot-Yam
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NEW YORK, November 22, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Vulcan Materials Company (NYSE: VMC), Colfax Corporation (NYSE: CFX), Hollysys Automation Technologies, Ltd (NASDAQ: HOLI), Sturm, Ruger & Co. Inc. (NYSE: RGR) and Caesarstone Sdot-Yam Ltd. (NASDAQ: CSTE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Vulcan Materials Company Research Report
On November 4, 2013, Vulcan Materials Company (Vulcan) reported its Q3 2013 financial results with net sales of $775.2 million, up 12.7% YoY. Gross profit for the quarter improved 25.3% YoY to $159 million. Earnings from continuing operations totaled $42.2 million or $0.32 per diluted share, compared to $15.6 million or $0.12 per diluted share in Q3 2012. Don James, Chairman and CEO said, "Our third quarter results reflect the continued recovery of our markets and the benefits of the Company's powerful earnings leverage." He added, "Growth in residential construction activity, and its traditional follow-on impact on private nonresidential construction, continues to underpin our expectations for future volume growth and earnings improvement." He continued, "We remain focused on our strategic initiatives to enhance our leading aggregates reserves positions in attractive markets. Year-to-date, we have divested certain assets in lower margin, lower growth markets in the Midwest and have added aggregates reserves and operations in attractive markets in Texas and Georgia. Going forward, we will continue to look for opportunities to further enhance our strategic coast-to-coast footprint." The Full Research Report on Vulcan Materials Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=DDD
http://www.analystscorner.com/r/full_research_report/0fac_VMC
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Colfax Corporation Research Report
On November 18, 2013, Colfax Corp. (Colfax) announced that it will host its Annual Investor Event on December 17, 2013 from 1:00 p.m. EST to 5:00 p.m. The Company informed that Steven E. Simms, President and CEO, and C. Scott Brannan, Senior Vice President Finance and CFO, and other members of the senior management team will lead the discussion. According to Colfax, a live presentation of this event and replay of the same will be available at the Company's website. The Full Research Report on Colfax Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/1585_CFX
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Hollysys Automation Technologies, Ltd Research Report
On November 18, 2013, Hollysys Automation Technologies, Ltd. (Hollysys) announced its Q1 FY 2014 financial results (period ended September 30, 2013). The Company reported quarterly revenues of $113.2 million, up 28.6% YoY. Non-GAAP net income attributable to Hollysys was $20.4 million or $0.35 per diluted share, compared to $15.8 million or $0.28 per diluted share in Q1 FY 2013. Dr. Changli Wang, Chairman and CEO of Hollysys, stated, "During this quarter, we constantly executed our strategy to enhance our position in the high-end industrial automation market and increase our market share in mid to low end markets. With the new generation DCS released to the market, we are going to expand our market position in chemical, petro-chemical, metallurgy industries as what we have achieved in the thermal power industry today." He concluded, "We are confident to achieve the previously announced fiscal year 2014 guidance with revenue in the range of $460 million to $490 million and non-GAAP net income in the range of $65 million to $69 million." The Full Research Report on Hollysys Automation Technologies, Ltd - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/04ac_HOLI
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Sturm, Ruger & Co. Inc. Research Report
On November 5, 2013, Sturm, Ruger & Company, Inc. (Sturm, Ruger & Company) reported its Q3 2013 financial results with total net sales of $170.9 million, compared to $118.2 million in Q3 2012. Consolidated net income stood at$28.7 million, compared to $17.3 million in Q3 2012. Diluted EPS arrived at $1.44 per share during the quarter, compared to $0.88 in Q3 2012. The Company also informed that its Board of Directors has declared a dividend of $0.58 per share for shareholders of record as of November 15, 2013, which will be payable on November 29, 2013. The Full Research Report on Sturm, Ruger & Co. Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/1a42_RGR
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Caesarstone Sdot-Yam Ltd. Research Report
On November 6, 2013, Caesarstone Sdot-Yam Ltd. (Caesarstone) reported its Q3 2013 financial results with revenue growth of 21.6% YoY to $94.3 million. Gross margin for the quarter was 44.5% compared to 45% in Q3 2012. Net Income attributable to controlling interest for the quarter arrived at $16.1 million or $0.46 per diluted share compared to $12.4 million or $0.36 per diluted share in Q3 2012. Yosef Shiran, CEO, commented, "We are pleased with our results for the third quarter, particularly in the United States, which is our largest and fastest growing market. Our strong brand, leading products and improved market conditions all contributed to our significant increase in revenues and our strong cash flow." For full-year 2013, the Company revised its revenue guidance to a new range of $343 million to $348 million. Further, the Company announced that it will pay a one-time dividend of approximately $0.58 per ordinary share, to shareholders of record on November 27, 2013, payable on December 11, 2013. The Full Research Report on Caesarstone Sdot-Yam Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/e198_CSTE
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