Actuant (ATU) Reports In-Line Q2 EPS of 30c; Guides Q3, Raises FY11 Outlook
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Price: $32.74 -1.03%
EPS Growth %: +3.3%
Financial Fact:
Cost of products sold: 230.81M
Today's EPS Names:
CEDU, CHC, CIDM, More
EPS Growth %: +3.3%
Financial Fact:
Cost of products sold: 230.81M
Today's EPS Names:
CEDU, CHC, CIDM, More
Trade ATU Now!
Actuant Corporation (NYSE: ATU) reported Q2 EPS of $0.30, in-line with the analyst estimate of $0.30. Revenue for the quarter came in at $330.7 million versus the consensus estimate of $328.18 million.
Sees Q3 EPS of 42-47c, vs. the consensus of 46c. Sees revenue of $375-$385 million, versus the consensus of $372.72 million.
Raises its FY11 EPS guidance from $1.45-$1.60 to $1.50-$1.60, versus the consensus of $1.56. Sales move from $1.375-$1.425 billion to $1.4-$1.425 billion, vs. the consensus of $1.39 billion.
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Sees Q3 EPS of 42-47c, vs. the consensus of 46c. Sees revenue of $375-$385 million, versus the consensus of $372.72 million.
Raises its FY11 EPS guidance from $1.45-$1.60 to $1.50-$1.60, versus the consensus of $1.56. Sales move from $1.375-$1.425 billion to $1.4-$1.425 billion, vs. the consensus of $1.39 billion.
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