{"id":889,"date":"2012-05-09T17:35:59","date_gmt":"2012-05-09T15:35:59","guid":{"rendered":"http:\/\/www.blog.asmus-puhl.com\/?p=889"},"modified":"2012-05-09T17:35:59","modified_gmt":"2012-05-09T15:35:59","slug":"colfax-2012-q1-earnings","status":"publish","type":"post","link":"http:\/\/www.blog.asmus-puhl.com\/?p=889","title":{"rendered":"Colfax 2012 Q1 Earnings"},"content":{"rendered":"<p style=\"text-align: justify;\">Colfax (NYSE: CFX) one of the stocks this blog follows on a regular basis <a href=\"http:\/\/finance.yahoo.com\/news\/colfax-reports-first-quarter-2012-100300658.html\" target=\"_blank\">reported its 1<sup>st<\/sup> quarter 2012 earnings.<\/a><\/p>\n<p style=\"text-align: justify;\">The results lagged expectations but the company managed to beat the non GAAP EPS estimates by 2 cents. Margins shrank across the board.<\/p>\n<p style=\"text-align: justify;\">But is this really so important at this stage of Colfax&#8217; development?<\/p>\n<p style=\"text-align: justify;\">Colfax is well funded and has one big task to accomplish: the integration of the much bigger Charter International. They need to realize synergies and to get the operating margins up to Colfax&#8217; level.<\/p>\n<p style=\"text-align: justify;\">For the quarter they reported revenues more than 5 times higher than in the same quarter of last year. This explains the mere size of that task!<\/p>\n<p style=\"text-align: justify;\">But they are 100% determined to do that: Just look at the rather unusual CEO change mentioned in my last post. And they already talk about possibilities of other acquisitions in the future!<\/p>\n<p style=\"text-align: justify;\">Analysts expect EPS of $ 1.55 in FY 2012 on a revenue basis of $ bil 4 . That puts the p\/e at about 20.<\/p>\n<p style=\"text-align: justify;\">That doesn&#8217;t seam cheap as the market expects they will get things done.<\/p>\n<p style=\"text-align: justify;\">But insiders appear to think the contrary as their buying in recent months suggests.<\/p>\n<p style=\"text-align: justify;\">&#8230; you problably should believe them and position yourself accordingly!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Colfax (NYSE: CFX) one of the stocks this blog follows on a regular basis reported its 1st quarter 2012 earnings. The results lagged expectations but the company managed to beat the non GAAP EPS estimates by 2 cents. Margins shrank across the board. But is this really so important at this stage of Colfax&#8217; development? [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","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\/889"}],"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=889"}],"version-history":[{"count":9,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/889\/revisions"}],"predecessor-version":[{"id":898,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/889\/revisions\/898"}],"wp:attachment":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=889"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}