General industrial machinery stocks beat Q1 revenue estimates by 3.3%

StockStory··Read original
2▲2 ▼2Impact / 5
Summary · why it matters

The 14 general industrial machinery stocks tracked by StockStory reported a strong first quarter, with aggregate revenues beating analysts' consensus estimates by 3.3% and next-quarter revenue guidance coming in 1.6% above expectations. Honeywell posted revenues of $9.14 billion, up 2.4% year on year but missing estimates by 1.4%, and delivered the weakest full-year guidance update of the group. Albany International was the best performer, with revenues of $311.3 million beating estimates by 10.8%, while Icahn Enterprises had the weakest quarter, missing analysts' adjusted operating income and EPS estimates significantly. L.B. Foster delivered the biggest analyst estimate beat among its peers, with revenues of $121.1 million surpassing expectations by 16.2%. Share prices of the group have been resilient, up 9.9% on average since the latest earnings results.

Impact on assets 5

Aerospace & Aviation▲
Industrials▲
LB Foster Company
FSTR
▲ PositiveCapitalrelevance

L.B. Foster delivered the biggest analyst estimate beat, with revenues surpassing expectations by 16.2%.

Smart City / Autonomous Infrastructure▼
Honeywell International Inc
HON
▼ NegativeCapitalrelevance

Honeywell missed Q1 revenue estimates by 1.4% and delivered the weakest full-year guidance update.

Climate Adaptation & Water▼
Icahn Enterprises LP
IEP
▼ NegativeCapitalrelevance

Icahn Enterprises missed analysts' adjusted operating income and EPS estimates significantly.

Robotics & Physical AI▲