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Colfax reports preliminary 2009 Q3 Earnings on November 3, 2009

October 29th, 2009

One stock this blog watches closely is Colfax Corp. (NYSE: CFX) !

The company will  report its 2009 Q3 preliminary Earnings on November 3, 2009.

Those results are preliminary because they “exclude the impact of the favorable ruling for Colfax’s Warren Pumps subsidiary issued by the Delaware Court of Chancery on October 14, 2009 relating to asbestos-related insurance coverage.”

“The Company is currently evaluating the impact of this ruling on its financial statements and expects to record a gain in the third quarter resulting from the ruling.”

We will publish our thoughts about this earnings release and listen to the conference call.

….stay tuned!

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