Financial Results, Strong Sales, Updated Guidance, and New Product Launches - Research Report on Cummins, 3D Systems, Rockwell Automation, Generac, and ExOne

Fri Aug 2, 2013 8:01am EDT

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Financial Results, Strong Sales, Updated Guidance, and New Product Launches - Research Report on Cummins, 3D Systems, Rockwell Automation, Generac, and ExOne

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NEW YORK, August 2, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Cummins Inc. (NYSE: CMI), 3D Systems Corporation (NYSE: DDD), Rockwell Automation Inc. (NYSE: ROK), Generac Holdings Inc. (NYSE: GNRC), and ExOne Co. (NASDAQ: XONE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Cummins Inc. Research Report

On July 30, 2013, Cummins Inc. (Cummins) reported its financial results for Q2 2013. The Company's revenues increased 1.6% YoY to $4.5 billion during the quarter. Net income attributable to Cummins was $414 million or $2.20 per diluted share in Q2 2013, compared to net income of $469 million or $2.47 per diluted share, in Q2 2012. Commenting on the results, Cummins Chairman and Chief Executive Officer, Tom Linebarger said, "Revenues increased primarily due to higher demand in North America, helped by market share gains in the medium duty truck market. I am pleased with our execution this quarter and profitability improved significantly from first quarter levels. The recent increase in our dividend, coupled with our ongoing share repurchase program, underscore our confidence in the Company's future." Further, Cummins expects its full-year 2013 revenues to be flat as compared to 2012 and EBIT to be in the range of 13% to 14% of sales. The Full Research Report on Cummins 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/95a9_CMI]

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3D Systems Corporation Research Report

On July 30, 2013, 3D Systems Corporation (3D Systems) reported its financial results for Q2 2013. The Company's revenue grew 44.5% YoY to $120.8 million as 3D printers and other products revenues doubled to $54.2 million during the quarter, primarily on higher professional printer units. GAAP-net income was $9.3 million or $0.10 per diluted share, in Q2 2013 compared to net income of $8.3 million or $0.11 per diluted share, in Q2 2012. Avi Reichental, President and CEO of 3D Systems, said, "We are pleased to report record revenue and expanded gross profit margin. We believe that our effective advanced manufacturing and consumer growth initiatives are fueling our growth." For full-year 2013, 3D Systems expects revenue to be in the range of $485 million to $510 million, and its non-GAAP adjusted EPS in the range of $1.05 to $1.20. The Full Research Report on 3D Systems 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/745a_DDD]

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Rockwell Automation Inc. Research Report

On July 25, 2013, Rockwell Automation Inc. (Rockwell Automation) announced the release of the Rockwell Software Arena simulation. According to the Company, the Arena v14.5 software extends the 3-D animation capabilities of the software to include material-handling components, such as conveyors and transporters. Commenting on the launch, Rob Kranz, Director and General Manager of Arena Software, Rockwell Automation, said, "Businesses cannot afford to make costly mistakes when making changes to their business processes. The addition of 3‑D animation capabilities to material handling is one of the many ways that Arena software continues to provide companies with the means to quickly test and evaluate changes before making them in the actual process." Further, the Company stated that users can import content from popular 3-D modeling programs like SketchUp, AutoDesk or Blender. The Full Research Report on Rockwell Automation 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/5388_ROK]

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Generac Holdings Inc. Research Report

On July 30, 2013, Generac Holdings Inc. (Generac) reported its financial results for Q2 2013. The Company's net sales increased 45.0% YoY to $346.7 million. Net income was $28.3 million or $0.40 per diluted share, in Q2 2013, compared to $9.3 million or $0.14 per diluted share, in Q2 2012. Commenting on the results, Aaron Jagdfeld, President and Chief Executive Officer of Generac, said, "We executed on very strong organic revenue growth again this quarter which was broad based across our major product categories and all significant regions of the United States. Our growth was driven by continuing adoption of home standby generators, the further expansion of our distribution, and increasing demand within certain of our commercial and industrial end markets." For full-year 2013, the Company revised its net sales and EBITDA guidance upward from an expected year-on-year growth in the low-teens range to the low 20% range each. The Full Research Report on Generac 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/2bd4_GNRC]

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ExOne Co. Research Report

On July 23, 2013, ExOne Co. (ExOne) announced that it added iron infiltrated with bronze as a new 3D printing material and has also increased its suite of binder solutions for its 3D printing process. ExOne stated that manufacturing iron-based products using ExOne's 3D printing technology allows for the direct creation of more intricate products than traditional manufacturing processes, and creates a more cost effective alternative to current 3D printing materials such as stainless steel. The Company is of the opinion that the addition of iron to its metal portfolio will be well received by customers in the traditional markets for iron. ExOne's Material Applications Laboratory (ExMAL) currently has eleven other materials under various stages of development.The Full Research Report on ExOne Co. - 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/fc69_XONE]

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