This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. The manufacturing industry saw 329,000 job separations in October, according to the U.S. Bureau of Labor Statistics’ openings and labor turnover survey results released on Tuesday. That’s about a 0.6% increase compared to September’s separations, which saw about 327,000. Separations include quits, layoffs and discharges, according to the BLS. Despite the ...

The ISM surveys do not identify respondents by name but rather by industry."We are starting to institute more permanent changes due to the tariff environment," one transportation equipment executive wrote. "This includes reduction of staff, new guidance to shareholders, and development of additional offshore manufacturing that would have otherwise been for U.S. export."For instance, respondents to the Institute for Supply Management's November survey of factory conditions expressed elevated levels of worry. ...

As Elon Musk reveals he tried to convince President Donald Trump not to implement sweeping tariffs, U.S. manufacturers are linking the levies with industry troubles. In an interview with investor and entrepreneur Nikhil Kamath released on Sunday, Musk said he warned Trump against tariffs, arguing they “create distortions in markets.” The Tesla CEO has previously expressed concern that import taxes would cause a recession and drive up the prices of goods. In April, the EV maker stopped taking orders for so ...

By Lucia Mutikani WASHINGTON, Dec 1 (Reuters) - U.S. manufacturing contracted for the ninth straight month in November, with factories facing slumping orders and higher prices for inputs as the drag from import tariffs persisted. The Institute for Supply Management survey on Monday also showed some manufacturers in the transportation equipment industry linking layoffs to President Donald Trump's sweeping duties, saying they were ​"starting to institute more permanent changes due to the tariff environment ...

Core Insights - Alstom SA is a global leader in smart and sustainable mobility solutions, focusing on innovative transportation systems and competing with major players like Siemens Mobility and Bombardier Transportation [1] Financial Performance - For Q2 2026, Alstom reported an earnings per share (EPS) of $0.03, matching estimates, and revenue of approximately $10.54 billion, surpassing the estimated $10.50 billion [2] - Group sales reached €9.1 billion in the first half of the 2025/26 fiscal year, marking a 3.2% increase, with a notable 7.9% rise on an organic basis [3] - Adjusted EBIT rose by 13% to €580 million, with an adjusted EBIT margin of 6.4%, up by 50 basis points compared to the previous fiscal year [4] - The company reported a net profit of €220 million, significantly up from €53 million in the first semester of fiscal year 2024/25, reflecting strong commercial momentum [4] Future Outlook - Alstom is set for a solid second half, maintaining group and Rolling Stock book-to-bill ratios above 1 [5] - The company has upgraded its organic sales outlook to above 5%, up from the previous forecast of 3-5% [5] - With a price-to-earnings (P/E) ratio of approximately 117.39, investor confidence in Alstom's future earnings potential is evident [5] - Financial metrics indicate a stable position, with a debt-to-equity ratio of 0.34 and a current ratio of 0.97 [5]

Financial Performance - Q3 2025 revenue reached $143 million, reflecting an 8% increase compared to Q3 2024[7] - Adjusted Gross Margin was 38.9% in Q3 2025, a 66 bps increase from Q3 2024[7, 38] - Adjusted Diluted EPS was $0.60 in Q3 2025, a (2)% decrease compared to Q3 2024[7] Segment Performance - Diversified end markets (industrial, aerospace & defense, and medical) saw a 22% revenue increase year-over-year and accounted for 59% of total revenue[10, 38] - Transportation end market revenue decreased by (7)% year-over-year due to lower commercial vehicle sales[10, 38] - Total booked business in transportation was approximately $1 billion at the end of Q3 2025[25] End Market Highlights - Medical Q3 sales were $22 million, up 22% year-over-year, with bookings up 8%[17] - Aerospace & Defense Q3 sales were $25 million, up 23% year-over-year, with bookings up 29%[17] - Industrial Q3 sales were $37 million, up 21% year-over-year, with bookings up 29%[25] Cash Flow and Balance Sheet - Generated $29 million in operating cash flow in Q3 2025[10] - Free cash flow YTD 2025 was $60 million[40] - Cash returned to shareholders YTD 2025 totaled $44 million[40]

Core Insights - Consistent earnings growth is crucial for companies as it directly impacts profitability and share prices [1][2] - Market expectations of earnings significantly influence stock price movements, often leading to declines even when earnings grow [2][3] Earnings Estimates & Stock Selection - Earnings estimates reflect analysts' views on sales growth, product demand, competitive environment, profit margins, and cost control, serving as a key tool for investment decisions [3] - Investors should focus on stocks with historical earnings growth and increasing quarterly and annual earnings estimates [4][8] Screening Criteria - The screening process identified stocks with strong earnings growth and positive estimate revisions, narrowing down from 7,839 stocks to 16 [5][8] - Key screening measures include Zacks Rank, historical EPS growth, and recent changes in earnings estimates [5][6][7] Highlighted Stocks - **JPMorgan Chase & Co. (JPM)**: Expected earnings growth rate of 7.9% over the next five years, currently holds a Zacks Rank 2 (Buy) [7][8] - **Commvault Systems, Inc. (CVLT)**: Anticipated earnings growth rate of 13.4% for the current year, currently holds a Zacks Rank 1 (Strong Buy) [9][8] - **Westinghouse Air Brake Technologies Corporation (WAB)**: Projected earnings growth rate of 24.5% over the next five years, currently holds a Zacks Rank 2 (Buy) [10][8]

Core Points - Lindsay Corporation plans to release its financial results for the fiscal 2025 fourth quarter and fiscal year ended August 31, 2025, before the market opens on October 23, 2025 [1] - Management will host a conference call on the same day at 11:00 a.m. ET to discuss the results [1] Company Overview - Lindsay Corporation is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, established in 1955 [4] - The company focuses on innovative solutions to meet the food, fuel, fiber, and transportation needs of the growing global population [4] - Key products include Zimmatic™ center pivot and lateral move agricultural irrigation systems, FieldNET™ and FieldWise™ remote irrigation management technology, and transportation solutions like Road Zipper™ and Snoline™ [4]

Core Points - Alstom has appointed Martin Sion as the new Chief Executive Officer, effective April 1, 2026, succeeding Henri Poupart-Lafarge, who has served since February 2016 [1][2] - The Board of Directors conducted an extensive search process and believes Martin Sion has the necessary experience to lead the company [2] - Henri Poupart-Lafarge will continue in his role until the transition to ensure a smooth handover [2] Martin Sion's Background - Martin Sion graduated from École Centrale de Paris and has held various engineering positions since joining Société Européenne de Propulsion in 1990 [4] - He has extensive experience in the aerospace sector, having held leadership roles at Snecma and Safran, and became CEO of ArianeGroup in 2023 [4] Company Overview - Alstom is a global leader in smart and sustainable mobility, committed to developing innovative transportation solutions [6] - The company operates in 63 countries with a workforce of over 86,000 people and generated sales of €18.5 billion for the fiscal year ending March 31, 2025 [6]

Core Viewpoint - Westinghouse Air Brake Technologies (WAB) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Ratings - The Zacks rating system is primarily based on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The correlation between earnings estimate revisions and stock price movements makes the Zacks rating system valuable for investors, as it provides a clearer picture than subjective Wall Street analyst ratings [3][4]. Business Outlook - Rising earnings estimates and the Zacks rating upgrade for WAB indicate an improvement in the company's underlying business, suggesting that investors should respond positively by driving the stock price higher [5]. - For the fiscal year ending December 2025, WAB is expected to earn $8.89 per share, with a 1.9% increase in the Zacks Consensus Estimate over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - The upgrade of WAB to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].