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Stock impact report

Q2 Earnings Roundup: Standex (NYSE:SXI) And The Rest Of The Gas and Liquid Handling Segment [Yahoo! Finance]

Standex International Corporation (SXI) 
Last standex international corporation earnings: 2/3 04:13 pm Check Earnings Report
US:NYSE Investor Relations: ir.standex.com
Company Research Source: Yahoo! Finance
Gas and liquid handling companies possess the technical know-how and specialized equipment to handle valuable (and sometimes dangerous) substances. Lately, water conservation and carbon capture–which requires hydrogen and other gasses as well as specialized infrastructure–have been trending up, creating new demand for products such as filters, pumps, and valves. On the other hand, gas and liquid handling companies are 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 13 gas and liquid handling stocks we track reported a mixed Q2. As a group, revenues missed analysts' consensus estimates by 0.9%. Big picture, the Federal Reserve has a dual mandate of inflation and employment. The former had been running hot throughout 2021 and 2022 but cooled towards the central bank's 2% target as of late. This prompted the Fed to cut its policy rate by 50bps (half Show less Read more
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