Key Developments: Dresser-Rand Group Inc (DRC.N)

DRC.N on New York Stock Exchange

69.30USD
29 Aug 2014
Price Change (% chg)

$0.48 (+0.70%)
Prev Close
$68.82
Open
$69.02
Day's High
$69.40
Day's Low
$68.48
Volume
113,622
Avg. Vol
181,816
52-wk High
$71.90
52-wk Low
$51.47

Search Stocks

Latest Key Developments (Source: Significant Developments)

Dresser-Rand Group Inc reiterates FY 2014 operating income guidance
Monday, 4 Aug 2014 05:00pm EDT 

Dresser-Rand Group Inc:Is reiterating FY 2014 operating income guidance of $377 to $396 million.FY 2014 fully diluted earnings per share to be between $2.60 and $2.80.FY 2014 EBIT of $380 million and EPS of $2.65 - Thomson Reuters I/B/E/S.  Full Article

Dresser-Rand Group Inc reiterates FY 2014 operating income guidance; gives FY 2014 EPS guidance in line with analysts' estimates
Thursday, 1 May 2014 06:00pm EDT 

Dresser-Rand Group Inc:Reiterates FY 2014 operating income guidance of $377 to $396 million.Expects FY 2014 fully diluted earnings per share to be between $2.60 and $2.80.FY 2014 EBIT of $380 million and EPS of $2.65 - Thomson Reuters I/B/E/S.  Full Article

Dresser-Rand Group Inc lowers FY 2014 revenue and EBIT guidance; gives FY 2014 EPS guidance below estimates
Wednesday, 12 Mar 2014 12:01am EDT 

Dresser-Rand Group Inc:Says that as a result of suspension of its energy assets, has reduced fiscal 2014 revenue and operating income (EBIT) guidance by $125 mln and $15 mln to revenues of $2.9 bln to $3.1 bln and operating income of $377 mln to $396 mln.Expects fiscal 2014 fully diluted earnings per share (EPS) to be in the range of $2.60 to $2.80.Fiscal 2014 revenue estimate $3.2 bln, EBIT estimate $423 mln and EPS estimate $3.10 - Thomson Reuters I/B/E/S.  Full Article

Dresser-Rand Group Inc gives FY 2014 guidance below analysts' estimates
Monday, 17 Feb 2014 06:00pm EST 

Dresser-Rand Group Inc:Expects FY 2014 revenues of about $3.0 billion to $3.2 billion.Expects FY 2014 operating income about 3pct to 5pct higher than FY 2013.The company reported EBIT of $335.9 million in FY 2013.FY 2014 revenue of $3.3 billion and EBIT of $410.3 million - Thomson Reuters I/B/E/S.  Full Article

Dresser-Rand Group Inc Reaffirms FY 2013 Guidance
Thursday, 31 Oct 2013 07:41pm EDT 

Dresser-Rand Group Inc announced that for fiscal 2013, it continues to forecast revenues and operating income (EBIT) at record levels, and in line with present consensus estimates. The Company reported revenue of $2.736 billion and EBIT of $335.90 million for fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $3.451 billion and EBIT of $427.85 million for fiscal 2013.  Full Article

Dresser-Rand Group Inc And MBB Clean Energy AG Sign Agreement For The Disposition Of Three Photovoltaic Power Plants
Thursday, 10 Oct 2013 07:00am EDT 

Dresser-Rand Group Inc announced that it has reached agreement with MBB Clean Energy AG for the latter's acquisition of three power plants designed, built and commissioned by Dresser-Rand in Italy. Dresser-Rand will provide long term O&M services which should be beneficial to MBB Clean Energy and is consistent with Dresser-Rand's business model to stay integrally involved with its equipment throughout its total life cycle. The Parties have agreed to finalize the closing and payment of the acquisition of the power plants by October 31, 2013, subject to customary closing provisions.  Full Article

Dresser-Rand Group Inc Reaffirms FY 2013 Guidance
Thursday, 25 Jul 2013 04:45pm EDT 

Dresser-Rand Group Inc announced that for fiscal 2013, it continue to forecast revenues and operating income (EBIT) at record levels. The Company reported revenue of $2.736 billion and EBIT of $335.90 million in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $3.532 billion and EBIT of $453.65 million for fiscal 2013.  Full Article

Dresser-Rand Group Inc Receives Compressed Air Energy Storage (CAES) Project
Monday, 1 Jul 2013 09:00am EDT 

Dresser-Rand Group Inc announced that it has received a project award from Apex Compressed Air Energy Storage, LLC for the supply of equipment to be used in a new 317 MW compressed air energy storage (CAES) facility to be constructed near Tennessee Colony, Texas in the Electric Reliability Council of Texas (ERCOT) market. The Apex Bethel Energy Center would be the first CAES facility to be built in the United States since the Power South facility in McIntosh Alabama, which was built in 1991 and also contains Dresser-Rand turbo machinery. The Dresser-Rand related contract is valued at approximately $200 million.  Full Article

Dresser-Rand Group Inc Reaffirms FY 2013 Revenue Guidance; Updates On FY 2013 EBIT Guidance-Conference Call
Tuesday, 25 Jun 2013 10:00am EDT 

Dresser-Rand Group Inc announced that for fiscal 2013, it expects revenues to be up 30%, operating income to be up 40%. The Company reported revenue of $2.736 billion and EBIT of $335.90 million in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $3.527 billion and EBIT of $453.98 million for fiscal 2013.  Full Article

Dresser-Rand Group Inc Issues FY 2013 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Friday, 17 May 2013 01:20pm EDT 

Dresser-Rand Group Inc announced that for fiscal 2013, it expects revenues to be at a midpoint of $3.6 billion. So, revenues would be up approximately 30% year-over-year. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $3.5 billion for fiscal 2013.  Full Article

Photo

Siemens preparing offer for Dresser-Rand: magazine

FRANKFURT - German engineering group Siemens has been preparing an offer to acquire U.S.-based compressor and turbine maker Dresser-Rand , German magazine Manager Magazin reported on Thursday, citing sources close to Siemens.

Search Stocks