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Actuant (ATU) Tops Q4 Views; Guides Q1, FY10

September 30, 2009 7:34 AM EDT
ATU Hot Sheet
Financial Fact:
Earnings from continuing operations: 32.18M

Today's EPS Names:
VSNT, CIM, KH, More
Actuant Corporation (NYSE: ATU) reports Q4 EPS of $0.18, ex-items, 1 cent better than the analyst estimate of $0.17. Revenue for the quarter was $290.1 million, which compares to the estimate of $282.93 million.

Sees Q1 adj-EPS of $0.12-$0.17 on sales of $280-$300 million. The Street is currently looking for Q1 EPS and sales of $0.22 and $310.65 million, respectively.

Sees FY10 adj-EPS of $0.70-$0.95, versus the consensus of $0.89. Sales are expected to be $1.15-$1.25 billion, versus the consensus of $1.18 billion.

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