4 Industrial Stocks Generating More Interest After Earnings

United Technologies Corporation (NYSE:UTX) reported net income above Wall Street’s expectations for the first quarter. Excluding three units the company has put up for sale, net income for United Technologies Corporation rose to $1.26 billion ($1.31 per share) vs. $105 million ($1.06 per share) in the same quarter a year earlier. This marks a rise of 19% from the year-earlier quarter. Revenue fell 2% to $12.42 billion from the year-earlier quarter. United Technologies Corporation beat the mean analyst estimate of $1.20 per share. It fell short of the average revenue estimate of $12.76 billion.

3M Company (NYSE:MMM) reported net income above Wall Street’s expectations for the first quarter. Net income for the diversified operations rose to $1.13 billion ($1.59 per share) vs. $1.08 billion ($1.49 per share) in the same quarter a year earlier. This marks a rise of 4.1% from the year-earlier quarter. Revenue rose 2.4% to $7.49 billion from the year-earlier quarter. 3M Company beat the mean analyst estimate of $1.48 per share. Analysts were expecting revenue of $7.49 billion.

Parker Hannifin Corporation (NYSE:PH) reported net income above Wall Street’s expectations for the third quarter. Net income for the machine industrial rose to $312.1 million ($2.01 per share) vs. $279.6 million ($1.68 per share) in the same quarter a year earlier. This marks a rise of 11.6% from the year-earlier quarter. Revenue rose 4.7% to $3.39 billion from the year-earlier quarter. Parker Hannifin Corporation beat the mean analyst estimate of $1.72 per share. It beat the average revenue estimate of $3.28 billion.

C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) reported its results for the first quarter. Net income for C.H. Robinson Worldwide Inc. rose to $106.5 million (65 cents per share) vs. $97 million (59 cents per share) in the same quarter a year earlier. This marks a rise of 9.8% from the year-earlier quarter. Revenue rose 7.9% to $2.55 billion from the year-earlier quarter. C.H. Robinson Worldwide Inc. fell in line with the mean analyst estimate of 65 cents per share. Analysts were expecting revenue of $2.6 billion.