Improving markets for farm and construction equipment will likely aid Deere's (DE) results in fiscal 2018. It expects net sales growth of 19% and net income of $2.6 billion for the year.
Manitex (MNTX) expects increase in orders for knuckleboom cranes through Fallsway Equipment's dealership.
Parker-Hannifin (PH)) posts strong first-quarter fiscal 2018 earnings on the back of robust revenue growth and margin expansion.
Parker-Hannifin's (PH) solid aftermarket sales, the revamped "WIN Strategy" and restructuring actions anticipated to benefit its fiscal first-quarter results.
The Q3 earnings growth is on track to be the lowest this year after double-digit growth in each of the first two quarters and with high single-digit expected earnings growth in the last quarter.
Top Stock Reports for Comcast, Wal-Mart & Berkshire Hathaway
Parker-Hannifin (PH) unit inks long-term agreement with Lufthansa Technik for the maintenance, repair, and overhaul services of Airbus A350 components.
Altra Industrial Motion's (AIMC) second-quarter 2017 earnings and revenues were primarily driven by benefits from Stromag acquisition, strengthening end markets and improving margin profile.
Illinois Tool Works Inc's (ITW) second-quarter 2017 earnings were driven by share count reduction, benefits from enterprise initiatives and gain from acquired assets.
Stanley Black & Decker Inc. (SWK) second-quarter 2017 earnings reflect rise in organic and inorganic growth. Foreign currency fluctuations posed a concern.
Shares of UFP Technologies, Inc. (UFPT) reached a new 52-week high of $28.55 during its trading session on Jul 5. This apex improved upon the last 52-week high of $28.50 on Jul 3.
We have issued an updated research report on Kennametal Inc. (KMT) on Jul 4, 2017.
Shares of Casella Waste Systems, Inc. (CWST) reached a new 52-week high of $16.95 during its trading session on Jun 28. This apex improved upon the last 52-week high of $16.73 on Jun 27.
We highlight the 5 industrial stocks, armed with a Zacks Rank #1 (Strong Buy) or 2 (Buy) that are worth considering for investment right now.