Incorporated in 1978, FLIR Systems, Inc. is an Oregon-based corporation, which specializes in designing, manufacturing and marketing of thermal imaging systems. Its products are used in a wide variety of applications in commercial, industrial and government markets, both international and domestic. The company offers a variety of system configurations to suit specific customer requirements.
FLIR’s core strength in providing reliable and effective imaging and threat-detection technologies has been bolstering its growth momentum.
Strong competition from various big and small industry players remains a threat to FLIR System’s profitability. Identification of new applications for thermal imaging depending on customer needs, coupled with development of commercial quantities at reasonable costs, remains a primary challenge.
FLIR has had a decent earnings surprise history. The company surpassed the Zacks Consensus Estimate in all the trailing four quarters, with an average beat of 6.80%.
Currently, FLIR Systems has a Zacks Rank #3 (Hold) but that could change following its first-quarter 2019 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
FLIR Systems, Inc. Price and EPS Surprise
We have highlighted some of the key details from the just-released announcement below:
Earnings: FLIR Systems' adjusted earnings per share came in at 53 cents, beating the Zacks Consensus Estimate of 48 cents.
Revenue: Revenues of $444.7 million were higher than the Zacks Consensus Estimate of $439 million.
Key Stats: Solid performance by the Industrial segment and Government and Defense segment primarily resulted in the year-over-year increase in the top line.
Stock Price: It would be interesting to see how the market reacts to the results during the trading session today.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Incorporated in 1978, FLIR Systems, Inc. is an Oregon-based corporation, which specializes in designing, manufacturing and marketing of thermal imaging systems. Its products are used in a wide variety of applications in commercial, industrial and government markets, both international and domestic. The company offers a variety of system configurations to suit specific customer requirements.
FLIR’s core strength in providing reliable and effective imaging and threat-detection technologies has been bolstering its growth momentum.
Strong competition from various big and small industry players remains a threat to FLIR System’s profitability. Identification of new applications for thermal imaging depending on customer needs, coupled with development of commercial quantities at reasonable costs, remains a primary challenge.
FLIR has had a decent earnings surprise history. The company surpassed the Zacks Consensus Estimate in all the trailing four quarters, with an average beat of 6.80%.
Currently, FLIR Systems has a Zacks Rank #3 (Hold) but that could change following its first-quarter 2019 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
FLIR Systems, Inc. Price and EPS Surprise
We have highlighted some of the key details from the just-released announcement below:
Earnings: FLIR Systems' adjusted earnings per share came in at 53 cents, beating the Zacks Consensus Estimate of 48 cents.
Revenue: Revenues of $444.7 million were higher than the Zacks Consensus Estimate of $439 million.
Key Stats: Solid performance by the Industrial segment and Government and Defense segment primarily resulted in the year-over-year increase in the top line.
Stock Price: It would be interesting to see how the market reacts to the results during the trading session today.
Will you retire a millionaire?
One out of every six people retires a multimillionaire. Get smart tips you can do today to become one of them in a new Special Report, “7 Things You Can Do Now to Retire a Multimillionaire.”
Click to get it free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>