Third Quarter Earnings Releases, Technical Updates, and Dividend Declarations - Research Reports on Honeywell, Deere, Lennox, Pentair and Eaton
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NEW YORK, October 23, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Honeywell International Inc. (NYSE: HON), Deere & Company (NYSE: DE), Lennox International, Inc. (NYSE: LII), Pentair plc (NYSE: PNR) and Eaton Corporation plc (NYSE: ETN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7421-100free.
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Honeywell International Inc. Research Reports
On October 17, 2014, Honeywell International Inc. (Honeywell) announced its Q3 2014 financial results. The Company reported Q3 2014 net sales at $10.1 billion, up 4.8% YoY, helped by sales growth in Automation and Performance Materials business segments while Aerospace segment sales remained flat. Net income attributable to Honeywell rose to $1.2 billion, or $1.47 per diluted share, in the quarter from $990 million, or $1.24 per diluted share, a year earlier. According to Thomson Reuters, analysts on average expected earnings of $1.41 per share on revenue of $10.04 billion. The Company now expects full-year 2014 sales in the range of $40.3 billion - $40.4 billion, compared with its previous forecast of $40.2 billion-$40.4 billion. Also, the low end of full-year 2014 EPS forecast range has been increased to $5.50 from its previous estimate of $5.45, while the higher end stands unchanged at $5.55. The full research reports on Honeywell are available to download free of charge at:
http://www.analystsreview.com/Oct-23-2014/HON/report.pdf
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Deere & Company Research Reports
On October 20, 2014, the stock of Deere & Company (Deere) fell 1.31% to end the trading session at $82.20. During the session, shares in Deere opened at $82.71, and fluctuated in the range of $82.05 - $82.91, with a total of 4.82 million shares changing hands. Over the last one month, the Company's stock has declined by 1.72%, compared to the S&P 500 index which fell 5.29% during the same period. The full research reports on Deere are available to download free of charge at:
http://www.analystsreview.com/Oct-23-2014/DE/report.pdf
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Lennox International, Inc. Research Reports
On October 20, 2014, Lennox International, Inc. (Lennox) announced its Q3 2014 financial results. Lennox's net sales during the quarter rose 3.5% YoY to $898.4 million. Revenues from the Residential Heating & Cooling rose 6.6% YoY to $462.6 million. Revenues from Commercial Heating & Cooling segment increased 1.0% YoY to $241.6 million, while Refrigeration segments revenues declined 0.4% YoY to $194.2 million in Q3 2014. Net income increased to $67.4 million, or $1.38 per diluted share, in Q3 2014, from $64.3 million or $1.27 per diluted share in the year ago period. Adjusted EPS from continuing operations was at $1.44, up from $1.30 in the prior-year quarter. On average, 15 analysts polled by Thomson Reuters expected the company to report earnings of $1.42 per share for the quarter. For full-year 2014, the Company reiterated its revenue growth guidance of 5-7%, as well as its adjusted EPS from continuing operations guidance of $4.30-$4.50. Lennox stock jumped 10.31% to close at $84.22. The full research reports on Lennox are available to download free of charge at:
http://www.analystsreview.com/Oct-23-2014/LII/report.pdf
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Pentair plc Research Reports
On October 21, 2014, Pentair plc (Pentair) announced its Q3 2014 financial results. The Company's net sales during the quarter rose 2.6% YoY to $1.8 billion. Pentair said that its net loss attributable to the Company was $186.0 million or $0.95 per diluted share in Q3 2014, compared to the net income of $172.8 million or $0.85 per diluted share in Q3 2013. On average, analysts polled by Thomson Reuters expected earnings of $0.94 per share for the quarter. The company updated its full year 2014 adjusted EPS guidance to a range of $3.72 - $3.74, which represents an increase of approximately 22% from 2013. Full-year 2014, Pentair expects sales of $7.1 billion, which reflects a growth of approx. 1-2% YoY. Meanwhile, Pentair expects Q4 2014 EPS to range from $1.02 - $1.04 on estimated revenues of c.$1.86 billion. The full research reports on Pentair are available to download free of charge at:
http://www.analystsreview.com/Oct-23-2014/PNR/report.pdf
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Eaton Corporation plc Research Reports
On October 21, 2014, Eaton Corporation plc (Eaton) announced that its Board of Directors has declared a quarterly dividend of $0.49 per ordinary share, payable November 28, 2014 to shareholders of record at the close of business on November 14, 2014. The full research reports on Eaton are available to download free of charge at:
http://www.analystsreview.com/Oct-23-2014/ETN/report.pdf
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