Standex International Corporation Common Stock (SXI)
182.88
-3.68 (-1.97%)
Standex International Corp is a diversified manufacturing company that operates through several business segments, including food service equipment, engineering technologies, and electronics
The company specializes in producing high-quality products and solutions that cater to a range of industries, focusing on innovation and operational efficiency. Standex emphasizes customer collaboration and strives to deliver customized solutions that meet the evolving needs of its clients, while also committing to sustainability and responsible manufacturing practices. With a strong presence in both domestic and international markets, Standex is dedicated to driving growth through strategic investments and continuous improvement across its diverse portfolio.
Industrial manufacturer Standex (NYSESXI) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 6.4% year on year to $189.8 million. Its non-GAAP profit of $1.91 per share was 14.4% above analysts’ consensus estimates.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Chart (NYSEGTLS) and the best and worst performers in the gas and liquid handling industry.
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The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Donaldson (NYSEDCI) and the rest of the gas and liquid handling stocks fared in Q3.
Standex has had an impressive run over the past six months as its shares have beaten the S&P 500 by 11.9%. The stock now trades at $186.01, marking a 18.2% gain. This run-up might have investors contemplating their next move.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at gas and liquid handling stocks, starting with IDEX (NYSEIEX).
Industrial manufacturer Standex (NYSESXI) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 7.7% year on year to $170.5 million. Its GAAP profit of $1.53 per share was also 5.4% below analysts’ consensus estimates.
