Actuant (ATU) Reports Mixed Q4 Results; Guides Q1, Raises FY11 Outlook

September 29, 2010 7:33 AM EDT Send to a Friend
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Actuant (NYSE: ATU) reports Q4 EPS of $0.31, ex-items, 1 cent better than the analyst estimate of $0.30. Revenue for the quarter was $310.4 million, which compares to the estimate of $315.25 million.

Sees Q1 EPS of 29-34c on sales of $315-$325 million. The Street is looking for quarterly EPS of 30c on sales of $329.6 million.

Raises its FY11 EPS guidance from $1.20-$1.35 to $1.30-$1.45 on sales of $1.225-$1.275 billion, up from the prior estimate of $1.31-$1.36 billion. The Street looking for EPS of $1.31 on sales of $1.33 billion.


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