New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 5, 2014
09:17 EDTDRCDresser-Rand sees FY14 revenue $2.9B-$3.1B, consensus $3.04B
Sees Q3 operating income to be approximately $80M-$100M. Expects Q4 to be "strong" and says that this expectation reflects that the company's present backlog supports a forecast of new unit sales. Says the key to success in Q4 is the execution and aftermarket book, ship. Expects first 9 months OI as a percentage of full year to be within band of historical experience. Expects approximately 52% of full-year OI and expects a consensus for that to be approximately $380. Expects FY14 tax rate to be approximately 34%. Sees FY14 interest expense to be approximately $60M. Sees FY14 unallocated expenses $115M. Sees FY14 aftermarket operating margins 23%-25%. Sees new unit operating margins 8%-10%. Comments taken from slides from the company's Q2 earnings conference call presentation.
News For DRC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 26, 2015
10:30 EDTDRCOptions with decreasing implied volatility
Options with decreasing implied volatility: ASPS WLL WBAI CTRP FIVE LINE DRC RHT LULU APOL
March 25, 2015
10:48 EDTDRCEU suspends Siemens-Dresser-Rand deal investigation, Reuters reports
Subscribe for More Information
March 19, 2015
11:08 EDTDRCDresser-Rand drops 2% after German magazine highlights integration issues
Subscribe for More Information
11:07 EDTDRCDresser-Rand, Siemens integration not smooth, Manager Magazin says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use