{"id":2011,"date":"2018-05-05T17:19:15","date_gmt":"2018-05-05T15:19:15","guid":{"rendered":"http:\/\/www.blog.asmus-puhl.com\/?p=2011"},"modified":"2018-05-05T17:19:15","modified_gmt":"2018-05-05T15:19:15","slug":"colfax-released-q1-2018-results","status":"publish","type":"post","link":"http:\/\/www.blog.asmus-puhl.com\/?p=2011","title":{"rendered":"Colfax released Q1 2018 results!"},"content":{"rendered":"<p>Colfax Corp. (NYSE:CFX) the machinery company <a href=\"https:\/\/finance.yahoo.com\/news\/colfax-reports-first-quarter-2018-102530525.html\" target=\"_blank\" rel=\"noopener\">released Q1 2018 results!<\/a><\/p>\n<p>Q1 net income was $ 24.5 million and EPS on an adjusted basis came in at $ 0.48<\/p>\n<p>Revenue for the quarter was $ 880.9 million. Colfax grew sales 20% or 5% excluding acquisitions and FX.<\/p>\n<p>Those results exceeded analysts expectations. CEO Matthew Trerotola was rather upbeat about the markets the company is working in: \u201cMarket demand continues to strengthen in most of this segment\u2019s global markets, and we are using CBS to drive further productivity improvements and advance a range of growth initiatives.&#8221;<\/p>\n<p>The <a href=\"https:\/\/finance.yahoo.com\/news\/edited-transcript-cfx-earnings-conference-200558457.html\" target=\"_blank\" rel=\"noopener\">transcript of the Conference Call was published by Thomson Reuters<\/a><\/p>\n<p>Beyond these decent quarterly results in our point of view some important questions remain for an investor in Colfax stock:<\/p>\n<p>Will the industrial markets Colfax is working in finally improve and provide tailwinds for the company now as the positive general economic cycle already reached a rather mature point?<\/p>\n<p>Will structural headwinds as the change to sustainable energy away from fossil energy mean that Colfax is in a downsizing market for the forseeable future?<\/p>\n<p>Is Colfax still a market leader or do they face stiff competition from similar companies which could mean that their low margins would never improve again?<\/p>\n<p>We would be well advised to watch closely these trends over the next couple of months in order to decide whether Colfax stock is still worth our investment dollars.<\/p>\n<p>Colfax expects FY 2018 earnings of $2.05 &#8211; $ 2.20 \/ share and the stock trades at a p\/e ratio of 15.<\/p>\n<p>Not too expensive, the market does not seem to expect a major improvement.<\/p>\n<p>Colfax remains a &#8220;hold&#8221;!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Colfax Corp. (NYSE:CFX) the machinery company released Q1 2018 results! Q1 net income was $ 24.5 million and EPS on an adjusted basis came in at $ 0.48 Revenue for the quarter was $ 880.9 million. Colfax grew sales 20% or 5% excluding acquisitions and FX. Those results exceeded analysts expectations. CEO Matthew Trerotola was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/2011"}],"collection":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2011"}],"version-history":[{"count":11,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/2011\/revisions"}],"predecessor-version":[{"id":2022,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/2011\/revisions\/2022"}],"wp:attachment":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2011"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}