NEW YORK, August 8, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports
highlighting Spirit AeroSystems Holdings Inc (NYSE: SPR), Exelis,
Inc. (NYSE: XLS), Triumph Group, Inc. (NYSE: TGI), Hexcel Corp.
(NYSE: HXL), and Teledyne Technologies Inc. (NYSE: TDY). Today's
readers may access these reports free of charge - including full
price targets, industry analysis and analyst ratings - via the
links below.
Spirit AeroSystems Holdings Inc
Research Report
On July 26, 2013, Spirit
AeroSystems, Inc. (Spirit AeroSystems) marked the completion of the
first forward fuselage section, Section 41, destined for
integration into the Boeing KC-46A tanker. "We are proud to be part
of the next generation of aerial refueling tankers, and to support
our war fighters both home and abroad by providing this critical
capability," said Kris Atcheson,
KC-46 Program Director at Spirit AeroSystems. "Our integrated
product team has been working for several years to design the
next-generation tanker utilizing the latest design and
manufacturing techniques to ensure the highest quality, performance
and safety for Boeing and its end-user customer in the Air Force."
The Full Research Report on Spirit AeroSystems Holdings Inc -
including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-08-05/SPR]
Exelis, Inc. Research Report
On August 2, 2013, Exelis, Inc.
(Exelis) reported its Q2 2013 financial results. The Company
reported a 9.3% YoY decline in its total revenue to c.$1.3 billion. Operating income came in at
$127 million, compared to
$145 million in Q2 2012. Net income
for the quarter came in at $0.41 per
diluted share, lower as compared with $0.46 in Q2 2012. The Company also reported that
its orders increased 14% YoY on strength in C4ISR segment. "During
the second quarter, we demonstrated particular success in both
retaining core programs and in securing a wide variety of new
business across both segments," said Exelis Chief Executive Officer
and President David F. Melcher. "We
remain on-track to deliver results in line with our expectations
for 2013 and will continue to proactively align our strategy and
operations with the market environment to deliver affordable,
world-class solutions for our customers." Exelis reaffirmed its
2013 outlook with sales in the range of $5
billion to $5.1 billion and EPS in the range of $1.45 to $1.55. The Full Research Report on
Exelis, Inc. - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-08-05/XLS]
Triumph Group, Inc. Research
Report
On July 25, 2013, Triumph Group,
Inc. (Triumph Group) reported its Q1 FY 2014 financial results
(period ended June 30, 2013). The
Company reported net sales of $943.7
million, representing a 6.3% YoY growth. Net income came in
at $79.0 million or $1.50 per diluted share, compared to $76.3 million or $1.46 per diluted share in Q1 FY 2013. Commenting
on the Company's performance and its outlook for FY 2014,
Jeffry D. Frisby, Triumph's
President and Chief Executive Officer, said, "Triumph delivered a
solid first quarter of performance to begin this fiscal year.
During the quarter, our same store backlog grew both sequentially
and year over year as we continued to execute well and reduce
costs." Triumph reaffirmed its revenue guidance for FY 2014 with
revenues in the range of $3.8 billion to
$4.0 billion and EPS in the range of $5.65 to $5.75 per diluted share. The Full
Research Report on Triumph Group, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investorsreports.com/report/2013-08-05/TGI]
Hexcel Corp. Research Report
On July 22, 2013, Hexcel Corp.
(Hexcel) announced the appointment of Nick
L. Stanage as President and Chief Executive Officer of the
Company and a member of its Board of Directors. Hexcel further
informed that Mr. David E. Berges
has been appointed as the Executive Chairman of the Board until his
retirement on December 31, 2013. Mr.
Berges commented, "This announcement is the final step in Hexcel's
carefully orchestrated succession process to ensure an orderly
transition. Over the last three years, Nick
Stanage has gained the confidence of the Board, the global
organization, our customers, and suppliers while delivering record
performance. I am delighted that the Board considers him well
prepared to take on this additional responsibility." The Full
Research Report on Hexcel Corp. - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investorsreports.com/report/2013-08-05/HXL]
Teledyne Technologies Inc. Research
Report
On July 25, 2013, Teledyne
Technologies Inc. (Teledyne) announced its Q2 2013 financial
results with total sales of $601.0
million, an increase of 15.9% YoY. Net income attributable
to Teledyne was $42.9 million or
$1.13 per diluted share, against
$39.5 million or $1.06 per diluted share in Q2 2012. "Quarterly
sales were an all-time record and increased 15.9% compared to last
year. Due to record sales to commercial and international
customers, we also achieved reasonable organic growth of 2.9% in
the quarter," said Robert Mehrabian,
Chairman, President and CEO. "Largely due to recent acquisitions
and charges associated with cost reduction efforts, margins
declined compared to last year. However, overall operating margin
increased 45 basis points sequentially from the first quarter of
2013." The Company anticipates its Q3 2013 diluted EPS to be in the
range of $1.10 to $1.15 and full year
FY 2013 diluted EPS to be in the range of $4.50 to $4.55. The Full Research Report on
Teledyne Technologies Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free
of charge at:
[http://www.investorsreports.com/report/2013-08-05/TDY]
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