Ceradyne, Inc. (CRDN) Misses Q1 EPS Views; Cuts FY12 Outlook

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Ceradyne, Inc. (NASDAQ: CRDN) reported Q1 EPS of $0.16, $0.21 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $106.3 million versus the consensus estimate of $120.08 million.

Ceradyne, Inc. sees FY2012 EPS of $1.40-$1.65, versus prior guidance of $2.30-$2.65 and the consensus of $2.40. Ceradyne, Inc. sees FY2012 revenue of $540-$565 million, versus prior guidance of $590-$625 million and the consensus of $595.80 million.

For earnings history and earnings-related data on Ceradyne, Inc. (CRDN) click here.

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