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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: richardred who wrote (1308)12/6/2012 11:09:00 AM
From: richardred  Read Replies (1) of 8239
 
>8:02AM Met-Pro Corp beats by $0.03, beats on revs ( MPR) 8.79 : Reports Q3 (Oct) earnings of $0.19 per share, $0.03 better than the Capital IQ Consensus Estimate of $0.16; revenues rose 18.3% year/year to $29.8 mln vs the $28.44 mln consensus. New orders received in the third quarter were $24.4 mln, compared with $27.5 mln for the third quarter of last year. The co's backlog of orders entering the fourth quarter totaled $28.6 mln, which is equal to the order backlog at the same point last year.

Not to bad in earnings, but backlog is not accelerating. Anyway China still burns a lot of coal and now is a MFG power base. IMO They still need better environmental controls. IMO still a potential niche bolt on for a company like Xylem.

bloomberg.com
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