Weekly Comments – December 4, 2017 – POWL, REX, WAIR

POWL  –  Preview of earnings report.  Powell Industries is scheduled to release financial results for the fiscal fourth quarter ending October 2017, on Tuesday this week after the market close.  A conference call is planned for the following morning.  The consensus…

REX  –  Outlook following financial release.  Last week REX American Resources reported a 4.2% increase in sales year-over-year to $121.2 million in the quarter ending October 2017.  Management attributed the increase to increases in ethanol sales volumes that offset reduces sales…

WAIR  –  Revised view following quarter report.  Wesco Aircraft reported a net loss of $0.39 per share on $38.3 million in total sales in the fiscal fourth quarter ending September 2017.  Excluded a one-time, non-cash tax charge on accumulated foreign…

 

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