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Colfax Corp (CFX.N)

CFX.N on New York Stock Exchange

28.82USD
18 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Colfax Reports Q2 Adjusted Earnings Per Share $0.54 From Continuing Operations
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - Colfax Corp ::COLFAX REPORTS SECOND QUARTER 2019 RESULTS.SEES Q3 2019 ADJUSTED EARNINGS PER SHARE $0.45 TO $0.50 FROM CONTINUING OPERATIONS.Q2 LOSS PER SHARE $3.45.Q2 EARNINGS PER SHARE ESTIMATE $0.61 -- REFINITIV IBES DATA.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $2.55 TO $2.65.Q2 ADJUSTED EARNINGS PER SHARE $0.64 EXCLUDING ITEMS.Q2 EARNINGS PER SHARE $0.01 FROM CONTINUING OPERATIONS.Q2 SALES $909 MILLION.Q2 ADJUSTED EARNINGS PER SHARE $0.54 FROM CONTINUING OPERATIONS.Q2 REVENUE ESTIMATE $1.26 BILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $2.57 -- REFINITIV IBES DATA.Q3 EARNINGS PER SHARE VIEW $0.65 -- REFINITIV IBES DATA.  Full Article

Colfax To Sell Air And Gas Handling Business For Enterprise Value Of $1.8 Bln
Thursday, 16 May 2019 

May 16 (Reuters) - Colfax Corp::COLFAX ANNOUNCES AGREEMENT TO SELL ITS AIR AND GAS HANDLING BUSINESS TO KPS CAPITAL PARTNERS FOR ENTERPRISE VALUE OF $1.8 BILLION.PROPOSED DEAL FOR FOR ENTERPRISE VALUE OF $1.80 BILLION.COLFAX CORP - DEAL FOR ENTERPRISE VALUE OF $1.80 BILLION.AIR & GAS HANDLING UNIT HAD ABOUT $90 MILLION OF SEGMENT OPERATING PROFIT AND $200 MILLION OF ADJUSTED EBITDA IN TWELVE MONTHS ENDED MARCH 29, 2019.TO SELL AIR AND GAS HANDLING BUSINESS FOR ENTERPRISE VALUE OF $1.80 BILLION, INCLUDING $1.66 BILLION IN CASH CONSIDERATION.EXPECTS TO REPORT AIR & GAS HANDLING BUSINESS AS A DISCONTINUED OPERATION IN ITS FUTURE RESULTS.  Full Article

Colfax Announces Pricing Of 6.000 Pct Senior Notes Due 2024 And 6.375 Pct Senior Notes Due 2026
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Colfax Corp ::COLFAX ANNOUNCES PRICING OF 6.000% SENIOR NOTES DUE 2024 AND 6.375% SENIOR NOTES DUE 2026.COLFAX CORP - PRICING OF $600 MILLION AGGREGATE PRINCIPAL AMOUNT OF 6.000% SENIOR NOTES DUE 2024 ISSUED BY CFX ESCROW CORPORATION.COLFAX CORP - PRICING OF $400 MILLION AGGREGATE PRINCIPAL AMOUNT OF 6.375% SENIOR NOTES DUE 2026 ISSUED BY CFX ESCROW CORPORATION.  Full Article

Colfax Corp Expecting To Grow 2018 Adjusted EPS Over 25 Pct
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Colfax Corp ::EXPECTING TO GROW 2018 ADJUSTED EPS OVER 25%; AFFIRMING FY 2018 GUIDANCE OF $2.20 TO $2.30 - PRESENTATION.FY2018 EARNINGS PER SHARE VIEW $2.25 -- REFINITIV IBES DATA.  Full Article

Colfax To Acquire Djo Global For $3.15 Billion In Cash
Monday, 19 Nov 2018 

Colfax Corp ::COLFAX TO ACQUIRE DJO GLOBAL FOR $3.15 BILLION IN CASH.COLFAX CORP - TRANSACTION EXPECTED TO DELIVER ADJUSTED EPS ACCRETION IN FIRST FULL YEAR AFTER CLOSING.COLFAX CORP - EXPECTS TO DE-LEVER, EVALUATE STRATEGIC OPTIONS FOR AIR AND GAS HANDLING BUSINESS.COLFAX CORP - EXPECTS TO REALIZE FUTURE TAX BENEFITS FROM DJO'S APPROXIMATELY $800 MILLION OF NET OPERATING LOSS CARRYFORWARDS.COLFAX CORP - EXPECTS TO FINANCE TRANSACTION WITH APPROXIMATELY $100 MILLION OF CASH FROM ITS BALANCE SHEET, PROCEEDS FROM CREDIT FACILITIES.COLFAX CORP - UPON CLOSING OF DEAL, DJO GLOBAL WILL OPERATE AS NEW SEGMENT WITHIN COLFAX AND BE LED BY SHIRLEY.COLFAX - EXPECTS TO FINANCE DEAL ALSO WITH CONTEMPLATED DEBT OFFERING, $500 - $700 MILLION FROM CONTEMPLATED OFFERING OF EQUITY/EQUITY-LINKED SECURITIES.COLFAX - SEES TO MAINTAIN EXISTING DEBT RATINGS,TO PRIORITIZE DELEVERAGING TO REDUCE NET LEVERAGE RATIO TO MID-3X RANGE BY END OF CALENDAR 2019.COLFAX CORP - DOES NOT INTEND TO UNDERTAKE ANY MATERIAL ACQUISITIONS OR SHARE REPURCHASES UNTIL ITS LEVERAGE METRICS RETURN TO TARGETED LEVELS.COLFAX CORP - EVALUATING STRATEGIC OPTIONS FOR ITS AIR AND GAS HANDLING BUSINESS.COLFAX CORP - ENTERED AGREEMENT TO BUY DJO GLOBAL INC FROM PRIVATE EQUITY FUNDS MANAGED BY BLACKSTONE FOR $3.15 BILLION IN CASH.  Full Article

Colfax Corp Files For Potential Mixed Shelf Offering‍​
Friday, 16 Feb 2018 

Feb 16 (Reuters) - Colfax Corp ::COLFAX CORP FILES FOR A POTENTIAL MIXED SHELF OFFERING; SIZE UNDISCLOSED - SEC FILING ‍​.  Full Article

Colfax Sees FY 2018 Adjusted Earnings Per Share $2.00 To $2.15
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - Colfax Corp ::COLFAX REPORTS FOURTH QUARTER 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.45.Q4 LOSS PER SHARE $1.53 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE $0.10.Q4 SALES ROSE 7.6 PERCENT TO $874 MILLION.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $2.00 TO $2.15.Q4 EARNINGS PER SHARE VIEW $0.44, REVENUE VIEW $892.3 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.14 -- THOMSON REUTERS I/B/E/S.SEES 2018 ‍PROJECTED NET INCOME PER SHARE CONTINUING OPERATIONS (GAAP) OF $1.36 TO $1.51 ​.SAYS RESTRUCTURING ACTIONS SHOULD DELIVER AT LEAST $25 MILLION OF SAVINGS IN 2018.  Full Article

Colfax Corp Says Sees 2018 Adjusted EPS $2.00- $2.15
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Colfax Corp ::SAYS SEES 2018 ADJUSTED EPS $2.00- $2.15 - SEC FILING.SAYS SEES 2018 ADJUSTED EPS FROM CONTINUING OPERATIONS $1.65- $1.80.FY2018 EARNINGS PER SHARE VIEW $1.78 -- THOMSON REUTERS I/B/E/S.  Full Article

Colfax reports Q3 earnings $0.37/shr
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Colfax Corp :Colfax reports third quarter 2017 results.Q3 adjusted earnings per share $0.42.Q3 earnings per share $0.37.Q3 sales $844.5 million versus I/B/E/S view $901.1 million.Q3 earnings per share view $0.41 -- Thomson Reuters I/B/E/S.Colfax Corp - ‍reaffirmed 2017 performance outlook​.FY2017 earnings per share view $1.72 -- Thomson Reuters I/B/E/S.  Full Article

Deals of the day-Mergers and acquisitions

May 16 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: