Last €43.79 EUR
Change Today -0.062 / -0.14%
Volume 0.0
JO3 On Other Exchanges
Symbol
Exchange
JO3 is not on other exchanges.
As of 2:20 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

joy global inc (JO3) Snapshot

Open
€43.80
Previous Close
€43.85
Day High
€43.86
Day Low
€43.72
52 Week High
05/10/13 - €47.40
52 Week Low
08/8/13 - €36.06
Market Cap
4.4B
Average Volume 10 Days
84.2
EPS TTM
--
Shares Outstanding
100.1M
EX-Date
02/28/14
P/E TM
--
Dividend
€0.70
Dividend Yield
1.18%
Current Stock Chart for JOY GLOBAL INC (JO3)

joy global inc (JO3) Related Businessweek News

No Related Businessweek News Found

joy global inc (JO3) Details

Joy Global Inc. manufactures and services mining equipment for the extraction of coal, copper, iron ore, oil sands, gold, and other minerals. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment. The Underground Mining Machinery segment produces armored face conveyors, battery haulers, continuous chain haulage systems, continuous miners, conveyor systems, feeder breakers, flexible conveyor trains, high angle conveyors, long wall shearers, powered roof supports, road headers, roof bolters, and shuttle cars; and provides life cycle management support services, as well as equipment assemblies, services, repairs, rebuilds, parts, enhancement kits, and training. It also offers project management services; and smart services, including equipment monitoring, predictive diagnostics, service training support, and parts management. This segment sells its products and services directly to customers through a network of sales and marketing personnel worldwide. The Surface Mining Equipment segment produces blast hole drills, conveyor systems, electric mining shovels, feeder breakers, walking draglines, and wheel loaders; and provides life cycle management support services, as well as equipment assemblies, relocations, inspections, service, repairs, rebuilds, upgrades, used equipment, parts, enhancement kits, and training. It sells its products and services directly to customers through a network of sales and marketing personnel worldwide. Joy Global Inc. was founded in 1884 and is headquartered in Milwaukee, Wisconsin.

16,600 Employees
Last Reported Date: 12/13/13
Founded in 1884

joy global inc (JO3) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $853.8K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $524.2K
Chief Operating Officer, Executive Vice Presi...
Total Annual Compensation: $776.9K
Executive Vice President, General Counsel and...
Total Annual Compensation: $446.3K
Compensation as of Fiscal Year 2013.

joy global inc (JO3) Key Developments

Joy Global, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended January 31, 2014; Provides Earnings Guidance for the Fiscal Year 2014

Joy Global, Inc. announced unaudited consolidated earnings results for the first quarter ended January 31, 2014. For the quarter, the company reported consolidated net sales totaled $839 million, a 27% decrease versus $1,149.877 million for the first quarter of last year. Current quarter net sales were reduced by $34 million for the impact of foreign exchange versus the year ago period. Operating profit totaled $85 million, compared to $221 million in the first quarter of fiscal 2013. Excluding the unusual items, operating profit totaled $88 million, compared to $219 million in the first quarter of fiscal 2013. The decrease in operating profit, before unusual items, was due to lower sales volumes, unfavorable product mix and lower manufacturing cost absorption. Income from continuing operations was $48.9 million or $0.48 per diluted share against $142.1 million or $1.33 per diluted share a year ago. Income from continuing operations before unusual items and acquisition activities was $50.1 million or $0.49 per diluted share against $139.9 million or $1.31 per diluted share a year ago. Cash provided by continuing operations was $65 million compared to $92 million provided by continuing operations in the first quarter of fiscal 2013. The decrease in cash provided by continuing operations during the first quarter was primarily due to lower earnings and a reduction of accounts payable partially offset by the collection of accounts receivable, advance payments on orders and reduced pension contributions. Capital expenditures were $27 million, down from $55 million in the first quarter of fiscal 2013. Income from continuing operations before income taxes was $71.425 million against $205.999 million a year ago. Net income was $48.861 million or $0.48 per diluted share against $142.137 million or $1.33 per diluted share a year ago. Net cash provided by operating activities was $64.9 million compared to $90.494 million in the first quarter of fiscal 2013. For the full year 2014, the company still expects revenues to be between $3.6 billion and $3.8 billion with earnings per fully diluted share, excluding restructuring and unusual items, to be in the range of $3.10 to $3.50. This compares to guidance at the beginning of the quarter of $3.00 to $3.50. The company continues to project cash from continuing operations for the fiscal year of approximately 15% of sales which will position the company to continue to execute on its share repurchase program and pursue other shareholder enhancing opportunities. The company continues to expect its effective tax rate in fiscal 2014, excluding discrete items, to be between 31% and 32%.

Joy Global Inc. Declares Quarterly Dividend, Payable on March 18, 2014

Joy Global, Inc. announced that its board of directors has declared a quarterly dividend in the amount of $0.175 per share to be paid on March 18, 2014 to shareholders of record on March 4, 2014.

Joy Global, Inc., Q1 2014 Earnings Call, Mar 06, 2014

Joy Global, Inc., Q1 2014 Earnings Call, Mar 06, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
JO3:GR €43.79 EUR -0.062

JO3 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Allegheny Technologies Inc $41.24 USD +0.23
Lincoln Electric Holdings Inc $69.99 USD +0.92
Manitowoc Co Inc/The $31.02 USD +0.04
Weir Group PLC/The 2,563 GBp +28.00
Timken Co/The $59.61 USD +0.13
View Industry Companies
 

Industry Analysis

JO3

Industry Average

Valuation JO3 Industry Range
Price/Earnings 14.8x
Price/Sales 1.3x
Price/Book 2.3x
Price/Cash Flow 14.0x
TEV/Sales 1.0x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact JOY GLOBAL INC, please visit www.joyglobal.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.