NEW YORK, August 2, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports
highlighting Masco Corporation (NYSE: MAS), Martin Marietta
Materials Inc. (NYSE: MLM), Lincoln Electric Holdings Inc. (NASDAQ:
LECO), Armstrong World Industries, Inc. (NYSE: AWI), and Headwaters
Inc. (NYSE: HW). Today's readers may access these reports free of
charge - including full price targets, industry analysis and
analyst ratings - via the links below.
Masco Corporation Research Report
On July 29, 2013, Masco Corp.
(Masco) reported its Q2 2013 financial results. The Company posted
net sales from continuing operations of approximately $2.1 billion, a 10.5% YoY growth. Masco's income
from continuing operations were $0.23
per common share compared to a loss from continuing operations of
$0.15 per common share in Q2 2012.
Masco's President and Chief Executive Officer, Tim Wadhams, said, "Top and bottom line growth
was delivered by each of our segments in the second quarter against
a backdrop of continued growth in North American new home
construction and new product introductions." The Full Research
Report on Masco Corporation - 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/2d08_MAS]
Martin Marietta Materials Inc.
Research Report
On July 30, 2013, Martin Marietta
Materials, Inc. (Martin Marietta)
reported its Q2 2013 financial results. The Company posted net
sales growth of 3.6% YoY to $508.7
million during the quarter, primarily driven by pricing
growth in all aggregates business product lines and new quarterly
net sales records achieved by its specialty products business. The
Company's net earnings increased 12.2% YoY to $41.3 million, and earnings per diluted share
were $0.89 compared with $0.80 in Q2 2012. Commenting on the results,
Ward Nye, President and Chief
Executive Officer of Martin Marietta Materials, said, "The second
quarter results also show our ability to manage through
weather-related disruptions, which did not prevent us from
performing well." For full year 2013, the Company anticipates to
generate net sales between $350 million and
$375 million and gross profit of $20
million to $22 million. The Full Research Report on Martin
Marietta Materials 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/4192_MLM]
Lincoln Electric Holdings Inc.
Research Report
On July 29, 2013, Lincoln Electric
Holdings, Inc. (Lincoln Electric) reported its Q2 2013 financial
results. The Company posted adjusted net income of $75.7 million, or $0.91 per diluted share, in Q2 2013, versus
adjusted net income of $68.1 million,
or $0.81 per diluted share, in Q2
2012. Sales for the quarter totaled $727.4
million compared to $744.0
million in Q2 2012. The Company's operating income totaled
$104.3 million, up8.6% YoY.
Christopher L. Mapes, President and CEO of Lincoln Electric,
said, "We are pleased by our ongoing profitability improvement
which reflects solid execution of our operational and commercial
initiatives globally. While we maintain a cautious outlook for the
balance of the year on mixed end sector performance, we expect to
continue to deliver solid margin and earnings performance from the
benefits of our initiatives, new product introductions and the
careful management of expenses." The Full Research Report on
Lincoln Electric Holdings 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/3644_LECO]
Armstrong World Industries, Inc.
Research Report
On July 29, 2013, Armstrong World
Industries, Inc. (Armstrong) reported its Q2 2013 financial
results. The Company posted consolidated net sales growth of 4.6%
YoY to $706.6 million, driven by
higher volumes in wood flooring and building products. Net income
totaled $30.6 million or $0.51 per diluted shares, in Q2 2013, compared to
$42.2 million or $0.71 per diluted shares, in Q2 2012. Operating
income decreased 12.9% YoY to $67.6
million, due to increases in manufacturing and input costs.
"Our second quarter consolidated results met our expectations, as
sales and adjusted EBITDA were in the middle of our guidance
range," said Matt Espe, Chief
Executive Officer. For full-year 2013, the Company anticipates
adjusted EBITDA to be in the range of $370
to $400 million, and adjusted diluted EPS to range between
$2.00 and $2.30. The Full Research
Report on Armstrong World Industries, 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/99d4_AWI]
Headwaters Inc. Research Report
On July 30, 2013, Headwaters Inc.
(Headwaters) reported its Q3 2013 financial results. The Company
posted total revenue of $197.0
million, an increase of 12.2% YoY. The Company's income from
continuing operations was approximately $9.2
million, or $0.13 per diluted
share, in Q3 2013, compared to income of $2.0 million or $0.03 per diluted share, in Q3 2012. Net income
totaled $11.0 million or $0.15 per diluted share compared to a net loss of
$13.0 million or $0.21 per diluted share in Q3 2012. "On a
combined basis, we made excellent progress towards increasing our
Adjusted EBITDA by driving top line growth, improving margins, and
controlling costs," said Kirk A.
Benson, Chairman and Chief Executive Officer. For full year
2013, the Company anticipates its adjusted EBITDA from continuing
operations to be in the range of $110 to
$125 million. The Full Research Report on Headwaters 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/a423_HW]
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SOURCE Analysts' Corner