Imperial Capital Upgrades Anixter International (AXE) to Outperform

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AAPL
2. PLTR
3. DOX
4. AMD
5. VRTX
6. CRWD
7. CHKP
8. ON
9. HNGE
10. INSP

Go back to Imperial Capital Upgrades Anixter International (AXE) to Outperform

Anixter International Inc. Reports Third Quarter 2016 Results

October 25, 2016 6:30 AM EDT

Record 3rd quarter sales of $2.0 billion, up 31%, driven by Power Solutions acquisition

Third Quarter Highlights

Awarded $750 million, 5-year contract serving a large utility customer Diluted EPS of $1.20 and adjusted diluted EPS of $1.38, up 6% versus prior year Generated $238 million YTD in cash from operations, further improving liquidity

GLENVIEW, Ill.--(BUSINESS WIRE)-- Anixter International Inc. (NYSE: AXE) today reported quarterly sales of $2.0 billion for the quarter ended September 30, 2016, a 31.4 percent increase compared to the year-ago quarter. Excluding the impact of the... More