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Stock impact report

Q3 Earnings Roundup: Albany (NYSE:AIN) And The Rest Of The General Industrial Machinery Segment [Yahoo! Finance]

Luxfer Holdings PLC Ordinary Shares (LXFR) 
Last luxfer holdings plc ordinary shares earnings: 4/27 04:30 pm Check Earnings Report
US:NYSE Investor Relations: luxfer.com/investors
Company Research Source: Yahoo! Finance
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how general industrial machinery stocks fared in Q3, starting with Albany (NYSE:AIN). Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 15 general industrial machinery stocks we track reported a mixed Q3. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 5.5% below. In light of this news, share prices of the companies have held st Show less Read more
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