Acquisitions, Product Innovations, Expanding Operations, and Competitive Results to Create Value for Shareholders - Research

   Acquisitions, Product Innovations, Expanding Operations, and Competitive
   Results to Create Value for Shareholders - Research Report on Precision
             Castparts, FLIR, Dresser-Rand, EMCOR, and M/I Homes

PR Newswire

NEW YORK, July 30, 2013

NEW YORK, July 30, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Precision
Castparts Corp. (NYSE: PCP), FLIR Systems, Inc. (NASDAQ: FLIR), Dresser-Rand
Group Inc. (NYSE: DRC), EMCOR Group Inc. (NYSE: EME), and M/I Homes, Inc.
(NYSE: MHO). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

Precision Castparts Corp. Research Report

On July 25, 2013, Precision Castparts Corp. (Precision Castparts) reported its
Q1 FY 2014 (Period ended June 30, 2013) financial results with net sales of
$2.4 billion, up 20.4% YoY. Consolidated segment operating income totaled $644
million, up 25.0% YoY. The Company's net income from continuing operations
increased 23.8% YoY to $426 million. EPS from continuing operations was $2.88
compared to $2.35 in Q1 FY 2013. "We continue to extract and deliver value
from all of our operations," said Mark Donegan, Chairman and CEO of Precision
Castparts. "We are achieving strong earnings growth on stable commercial
aircraft schedules, gaining share on new airframe and engine development
programs, maintaining a steady drumbeat to meet or exceed our cost-reduction
targets, and continuing to set an aggressive pace in integrating our new
acquisitions. The course we set for ourselves over the past decade is now
playing out as we expected and delivering strong benefits to our
shareholders." The Full Research Report on Precision Castparts Corp. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/a15c_PCP]

--

FLIR Systems, Inc. Research Report

On July 25, 2013, FLIR Systems (FLIR) reported its Q2 2013 financial results.
The Company posted revenues totaling $389.3 million, a 15.1% YoY growth. Its
operating income increased 15.7% YoY to $70.3 million and net income increased
22.1% YoY to $50.2 million. Earnings per diluted share were $0.35, reflecting
a 29.6% YoY growth. "We saw solid growth in revenue, operating income, cash
flow, and earnings per share in the second quarter, and increased backlog in
both divisions," noted Andy Teich, President and CEO of FLIR. The Company has
reaffirmed its full-year 2013 outlook and expects revenue to be between $1.5
billion and $1.6 billion and net earnings to be between $1.56 and $1.66 per
diluted share. The Full Research Report on FLIR Systems, Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/335f_FLIR]

--

Dresser-Rand Group Inc. Research Report

On July 25, 2013, Dresser-Rand Group Inc. (Dresser-Rand) reported its Q2 2013
financial results with total revenues of $805.3 million, a 26.7% YoY increase.
Net income attributable to Dresser-Rand grew 56.8% YoY to $53.3 million.
Diluted EPS was $0.69 compared to $0.45 in Q2 2012. Vincent R. Volpe Jr.,
President and Chief Executive Officer of Dresser-Rand, said, "We are pleased
with our second quarter 2013 bookings and financial results. Income from
operations of $87 million was up 20% from last year's second quarter and was
close to the top end of our guidance range." The Company expects its full year
operating income to between $430 million and $450 million based on current
foreign exchange rates. The Full Research Report on Dresser-Rand Group Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/1a5f_DRC]

--

EMCOR Group Inc. Research Report

On July 25, 2013, EMCOR Group Inc. (EMCOR) reported its Q2 2013 financial
results, posting net income attributable to the Company as $21 million, down
37.2 % YoY. Revenues totaled $1.6 billion, down 2.1% YoY. Tony Guzzi,
President and Chief Executive Officer of EMCOR, commented, "This was a
transformational quarter for the Company. Domestically, electrical
construction continued to demonstrate strong growth and facilities services
generated solid margin contribution growth driven by better performance from
our mechanical and site-based services business offset by losses incurred by
one of our subsidiaries located in the southeastern U.S. within our U.S.
mechanical construction and facilities services segment. Additionally, the
impact of sequestration on our government-related business has had a greater
negative effect than we originally anticipated. Aside from those issues, we
are pleased with the underlying performance of our businesses, which was
in-line with our expectations and bodes well for the future." The Full
Research Report on EMCOR Group Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.analystscorner.com/r/full_research_report/d7ff_EME]

--

M/I Homes, Inc. Research Report

On July 25, 2013, M/I Homes, Inc. (M/I Homes) reported its Q2 2013 financial
results with net income of $7.3 million compared to $3.2 million in Q2 2012.
The Company also reported new contracts totaling 1,078, up 30.5% YoY. In Q2
2013, M/I Homes delivered 788 homes, a 26.1% YoY increase. Robert H.
Schottenstein, Chief Executive Officer and President, commented, "Our
financial condition remains strong, with shareholder's equity at $355 million,
net debt to net capital at 42%, and no outstanding borrowings under our credit
facility. Furthermore, we enhanced our capital structure, as announced last
week, entering into a new $200 million three-year unsecured credit facility.
And, as just announced, we are very excited to be entering the Dallas/Fort
Worth market - this will further complement our Texas operations in Austin,
Houston and San Antonio. Moving forward, we will stay focused on improving our
profitability, growing our market share in our existing markets, expanding our
community count and investing in attractive land opportunities." The Full
Research Report on M/I Homes, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.analystscorner.com/r/full_research_report/1ba6_MHO]

----

EDITOR NOTES:

1.This is not company news. We are an independent source and our views do
    not reflect the companies mentioned.
2.Information in this release is fact checked and produced on a best efforts
    basis and reviewed by a CFA. However, we are only human and are prone to
    make mistakes. If you notice any errors or omissions, please notify us
    below.
3.This information is submitted as a net-positive to companies mentioned, to
    increase awareness for mentioned companies to our subscriber base and the
    investing public.
4.If you wish to have your company covered in more detail by our team, or
    wish to learn more about our services, please contact us at
    pubco@EquityNewsNetwork.com.
5.For any urgent concerns or inquiries, please contact us at
    compliance@EquityNewsNetwork.com.
6.Are you a public company? Would you like to see similar coverage on your
    company? Send us a full investors' package to
    research@EquityNewsNetwork.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This
document, article or report is prepared and authored by Equity News Network.
An outsourced research services provider has, through Chartered Financial
Analysts, only reviewed the information provided by Equity News Network in
this article or report according to the Procedures outlined by Equity News
Network. Equity News Network is not entitled to veto or interfere in the
application of such procedures by the outsourced provider to the articles,
documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the
accuracy or completeness or fitness for a purpose (investment or otherwise),
of the information provided in this document. This information is not to be
construed as personal financial advice. Readers are encouraged to consult
their personal financial advisor before making any decisions to buy, sell or
hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned
at the time of printing of this document or any error, mistake or shortcoming.
No liability is accepted by Equity News Network whatsoever for any direct,
indirect or consequential loss arising from the use of this document. Equity
News Network expressly disclaims any fiduciary responsibility or liability for
any consequences, financial or otherwise arising from any reliance placed on
the information in this document. Equity News Network does not (1) guarantee
the accuracy, timeliness, completeness or correct sequencing of the
information, or (2) warrant any results from use of the information. The
included information is subject to change without notice.

http://AnalystsCorner.com



SOURCE Analysts' Corner

Contact: Joe Thomas, +1-310-496-8071 (North America)
 
Press spacebar to pause and continue. Press esc to stop.