Wed, Aug 20, 2014, 6:21 AM EDT - U.S. Markets open in 3 hrs 9 mins


% | $
Quotes you view appear here for quick access.

Joy Global, Inc. Message Board

  • adspatz adspatz Aug 29, 2013 11:10 AM Flag

    Joy Global net sales decrease to $1.3B

    Search for "SEC Live Filings Digest" to find out more.
    Filing in Focus: Joy Global 8-K, August 28, 2013
    Joy Global, Inc. (JOY) announced its third quarter financial results for fiscal year 2013, reporting net sales of $1.3B, down from $1.4B this quarter last year. Earnings per share were $1.72, down from $1.82 per share last year while net income for the quarter was $183.2M, down from $193.5M this quarter last year. The mining equipment manufacturer reported a 36% decrease in orders, to $695M from a year ago, citing oversupply and low prices, which will result in tough business conditions for the company at least through next year. As a result, the company is focusing on finding efficiencies to help cut costs, increase margins and profitability. Joy Global’s board of directors authorized a $1.0B stock repurchase program over the next three years.

63.53+0.56(+0.89%)Aug 19 4:03 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.