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Outlook roundup: Parker Hannifin, Jacobs Engineering Group

By Associated Press April 22, 2008 Comments (0)

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Among the earnings projection stories for Tuesday, April 22, from AP Financial News:

CLEVELAND (AP) _ Motion control system maker Parker Hannifin Corp. on Tuesday raised its fiscal 2008 profit forecast on growing orders across several regions and strength in its aerospace segment.

PASADENA, Calif. (AP) _ Construction services provider Jacobs Engineering Group Inc. raised its fiscal 2008 guidance late Monday after posting better-than-expected results in its second quarter.

SAN ANTONIO (AP) _ Medical technology company Kinetic Concepts Inc. reaffirmed its full-year profit outlook Tuesday and said it expects continued strong demand for its V.A.C. wound healing systems.

NEW YORK (AP) _ Media marketing and research company Arbitron Inc. on Tuesday maintained its forecast for full-year earnings from continuing operation after reporting first-quarter profit rose 5 percent.

FORT WAYNE, Ind. (AP) _ Steel Dynamics Inc. said Tuesday it expects second-quarter profit of 80 cents to 90 cents per share, more than Wall Street's expectations for the steel maker.

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