Actuant (ATU) Tops Q4 EPS by 8c; Issues Light FY16 EPS Outlook

Actuant (NYSE: ATU) reported Q4 EPS of $0.37, $0.08 better than the analyst estimate of $0.29. Revenue for the quarter came in at $300.38 million versus the consensus estimate of $294.2 million.

Actuant sees FY2016 EPS of $1.20-$1.40, versus the consensus of $1.46. Actuant sees FY2016 revenue of $1.16-1.20 billion, versus the consensus of $1.17 billion.

First quarter guidance includes sales in the $275-285 million range on a 7-9% core sales decline, and EPS of $0.20-0.25 (excluding restructuring charges, future stock buybacks and acquisitions).

**** The Street sees Q116 revenue of $285.9 million and EPS of $0.30.

For earnings history and earnings-related data on Actuant (ATU) click here.

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