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What: Shares of industrial engineering firm Robbins & Myers
So what: The third-quarter report, filed Wednesday morning, matched analyst targets on the bottom line while blowing away sales estimates. For an encore, Robbins & Myers raised full-year guidance, citing great sales of oilfield and pipeline services through recent acquisition T-3 Energy Services.
Now what: The stock has more than doubled over the last year, helped along by four straight top-notch reports. Robbins & Myers has refined its operations by buying into the oilfield industry and selling a pharmaceutical equipment subsidiary, and the changes have already improved the business considerably. This triumph is the company's own, not a sector effect, as market peers Colfax
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