Stock Alert: FELE, PSIX, TKR
by Harris Roen Editor
Roen Financial Report
Thursday, October 29, 2015
Today’s Alert:
Franklin Electric Co (FELE)
Power Solutions International (PSIX)
Timken Company, The (TKR)
Two green stock gainers and one looser on recent earnings releases.
|
|
|
| Water distribution and treatment company Franklin Electric spikes up 22% in two days on a mixed earnings report. Net income and EPS are up almost 30% for the quarter, but are slightly down for the year. Revenues are also falling. FELE stock is down -9% in 12 months. | Market Watch |
|
|
|
| Power Solutions International drops -13% on the largest volume since August. Preliminary financial results for the third quarter show revenues coming in below analyst estimates. PSIX has tumbled -70% for the year, now trading at early 2013 levels. | Press release |
|
|
|
| Despite a drop in revenues and bottom line profits for the third quarter, Timken gains 6%, as both earnings and revenues beat analyst expectations. TKR stock is recovering from a -55% drop starting in 2014, now up 16% from its lows in September. | RTT News |
IMPORTANT INFORMATION
Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.
Remember to always consult with your investment professional before making important financial decisions.
| AS SEEN IN: | |
 |
The Wall Street Journal</> |
 |
USA Today Green Living |
Get access to members-only areas of the website, including up-to-date stock reports, select portfolio picks and alternative energy mutual fund & ETF rankings.
