Edition:
India

Colfax Q3 Adjusted Earnings Per Share $0.54


Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Colfax Corp ::COLFAX REPORTS THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.54.Q3 EARNINGS PER SHARE $0.29 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE VIEW $0.53 -- THOMSON REUTERS I/B/E/S.Q3 SALES $875 MILLION VERSUS I/B/E/S VIEW $891.1 MILLION.REVISED ITS ADJUSTED EARNINGS PER SHARE OUTLOOK FOR YEAR FROM $2.15-$2.30 TO $2.20-$2.30.FY2018 EARNINGS PER SHARE VIEW $2.25 -- THOMSON REUTERS I/B/E/S.FABRICATION TECHNOLOGY SEGMENT AFFECTED THIS QUARTER BY SHORT-TERM IMPACT OF INFLATION, CURRENCY, AND TARIFFS BEYOND IN-QUARTER PRICING.EXCLUDING ACQUISITIONS AND FX, ORDERS INCREASED 16% IN QUARTER.FABRICATION TECHNOLOGY HAD ORGANIC SALES GROWTH IN QUARTER, CO DRIVING ADDITIONAL PRICE ACTIONS TO COVER INFLATION.