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Colfax Corp (CFX)

CFX on New York Consolidated

35.54USD
17 Nov 2017
Change (% chg)

$0.05 (+0.14%)
Prev Close
$35.49
Open
$35.45
Day's High
$35.86
Day's Low
$35.25
Volume
1,072,405
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712,472
52-wk High
$43.29
52-wk Low
$33.31

Latest Key Developments (Source: Significant Developments)

Colfax reports Q3 earnings $0.37/shr
Monday, 6 Nov 2017 06:08am EST 

Nov 6 (Reuters) - Colfax Corp :Colfax reports third quarter 2017 results.Q3 adjusted earnings per share $0.42.Q3 earnings per share $0.37.Q3 sales $844.5 million versus I/B/E/S view $901.1 million.Q3 earnings per share view $0.41 -- Thomson Reuters I/B/E/S.Colfax Corp - ‍reaffirmed 2017 performance outlook​.FY2017 earnings per share view $1.72 -- Thomson Reuters I/B/E/S.  Full Article

Colfax says if deal terminated under certain circumstances, ‍Circor will be required to pay a reverse termination fee of $50 mln
Monday, 25 Sep 2017 07:00am EDT 

Sept 25 (Reuters) - Colfax Corp ::Colfax Corp - if deal terminated under certain circumstances, ‍Circor will be required to pay co a reverse termination fee of $50 million​.  Full Article

Circor to acquire Colfax’S fluid handling business from Colfax Corp for $855 million in cash and stock
Monday, 25 Sep 2017 06:30am EDT 

Sept 25 (Reuters) - Circor International Inc :Circor to acquire Colfax’S fluid handling business from Colfax corporation for $855 million in cash and stock.Circor International Inc - ‍deal expected to be accretive to earnings and margins within first year​.Circor International - combination results in estimated pro forma combined revenues of about $1.1 billion based on trailing 12 month results as of June 2017.Circor International Inc - ‍Circor also reaffirmed its Q3 2017 net revenue and adjusted EPS guidance originally announced on July 28, 2017​.Circor International Inc- upon closing of transaction, Colfax will own approximately 16% of Circor.Q3 earnings per share view $0.43, revenue view $155.5 million -- Thomson Reuters I/B/E/S.Circor International Inc - ‍transaction is expected to generate a return on invested capital that exceeds Circor's cost of capital by year four​.Circor International Inc- Colfax has agreed to certain restrictions on transfer of shares, including a six month lock-up.Circor International- after close of deal , CFH portfolio of brands to remain in place & majority of business to operate as separate segment within co.Circor International Inc - Circor expects to realize cost synergies of $23 million by fourth year following transaction close.Circor International Inc - company expects to incur approximately $10 million in one-time costs to achieve synergies.  Full Article

Colfax Q2 adjusted earnings per share $0.43
Friday, 28 Jul 2017 06:58am EDT 

July 28 (Reuters) - Colfax Corp :Colfax reports second quarter 2017 results.Q2 adjusted earnings per share $0.43.Q2 earnings per share $0.43.Q2 sales $965.8 million versus i/b/e/s view $940.3 million.Q2 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.Colfax corp - ‍improved full year outlook​.Sees fy 2017 earnings per share $1.45 to $1.55.Sees fy 2017 adjusted earnings per share $1.65 to $1.75.Colfax corp - ‍colfax revised its outlook for year, increasing its diluted earnings per share forecast from $1.34-$1.49 to $1.45-$1.55​.Fy2017 earnings per share view $1.73 -- Thomson Reuters I/B/E/S.Colfax corp sees fy adjusted earnings per share forecast from $1.60-$1.75 to $1.65-$1.75.  Full Article

Applied Industrial Technologies David Wells to succeed retiring CFO Mark Eisele
Monday, 15 May 2017 06:42am EDT 

May 15 (Reuters) - Applied Industrial Technologies Inc :Applied industrial technologies cfo mark o. Eisele to retire; david k. Wells named successor.Applied industrial technologies inc says mark o. Eisele, vice president - chief financial officer & treasurer, will retire at end of august 2017.Applied industrial technologies - wells joins applied from colfax corporation - esab/fabrication technologies where he served as vp & cfo since 2015.  Full Article

Colfax Q1 adjusted earnings per share $0.35
Friday, 5 May 2017 06:44am EDT 

May 5 (Reuters) - Colfax Corp ::Colfax reports first quarter 2017 results.Q1 adjusted earnings per share $0.35.Q1 earnings per share $0.31.Q1 sales $844.9 million versus I/B/E/S view $820.6 million.Q1 earnings per share view $0.30 -- Thomson Reuters I/B/E/S.Colfax Corp - increasing its earnings per share forecast for 2017 from $1.29-$1.44 to $1.34-$1.49.Colfax Corp says increasing 2017 adjusted earnings per share forecast to $1.60-$1.75 from $1.55-$1.70.Fy2017 earnings per share view $1.66 -- Thomson Reuters I/B/E/S.  Full Article

Colfax announces pricing of 3.250% senior notes due 2025
Wednesday, 12 Apr 2017 01:04pm EDT 

Colfax Corp : Colfax announces pricing of 3.250% senior notes due 2025 . Colfax Corp - priced its previously announced offering of EUR 350 million aggregate principal amount of its 3.250% senior notes due 2025 .Colfax Corp says settlement of offering is expected to occur on April 19, 2017.  Full Article

Colfax announced offering of EUR 350 mln aggregate principal amount of senior notes
Friday, 7 Apr 2017 06:57am EDT 

Colfax Corp : Announced offering of EUR 350 million aggregate principal amount of its senior notes . Colfax Corp- intends to use proceeds from offering to repay aggregate of about $301.7 million of outstanding borrowings under revolving credit facility . Colfax Corp - settlement of offering is expected to occur on April 19, 2017 - sec filing .Colfax-As per estimates of preliminary results for quarter ended March 31, expects another quarter of "solid organic order growth" in gas, fluid handling segment.  Full Article

Colfax Q4 adjusted earnings per share $0.46
Thursday, 2 Feb 2017 06:01am EST 

Colfax Corp : Colfax reports fourth quarter 2016 results . Q4 adjusted earnings per share $0.46 . Q4 sales $930 million versus I/B/E/S view $952.8 million . Q4 earnings per share view $0.44 -- Thomson Reuters I/B/E/S . Colfax Corp - "market conditions have not fully recovered as we enter 2017" . Colfax Corp - "well positioned to deliver incremental $50 million of structural cost savings included in our 2017 forecast" .Colfax Corp qtrly earnings per share $0.31.  Full Article

Colfax Q3 earnings per share $0.23
Thursday, 27 Oct 2016 05:58am EDT 

Colfax Corp : Colfax reports third quarter 2016 results . Q3 adjusted earnings per share $0.39 . Q3 sales $879.2 million versus i/b/e/s view $892.3 million . Q3 earnings per share view $0.35 -- Thomson Reuters I/B/E/S . Q3 earnings per share $0.23 . Colfax corp says on track to deliver $50 million in savings in 2016 . Colfax corp - lower-end of 2016 eps guidance range raised by five cents . Fy2016 earnings per share view $1.51 -- Thomson Reuters I/B/E/S . Delaware supreme court affirmed prior court rulings regarding co's rights under excess insurance policies for asbestos coverage .Colfax - court ruling is expected to result in receipt from excess insurers of approximately $88 million of prior unreimbursed costs funded by company.  Full Article

BRIEF-Colfax reports Q3 earnings $0.37/shr

* Q3 earnings per share view $0.41 -- Thomson Reuters I/B/E/S