Joy Global (JOY) has been feeling the downturn in commodity prices this year.
The mining equipment maker's earnings and sales have declined as demand for raw materials, particularly in developing economies, has waned.
Earnings per share fell 22% in fiscal 2013, which ended in October. Analysts are forecasting another earnings drop of 42% in fiscal 2014, according to FactSet.
Joy, which generates the bulk of its revenue through sales to coal mines, has been hurt by the slowdown in China. In the United States, analysts say the company's orders could continue to fall as utilities switch to natural gas from coal to generate electricity. --B.R.
