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Mohawk Industries (MHK) Tops Q3 EPS by 8c; Guides Below

October 29, 2009 4:55 PM EDT
MHK Hot Sheet
EPS Growth %: +38.1%

Financial Fact:
Interest expense: 22.5M

Today's EPS Names:
TARO, BRLI, TLB, More
Mohawk Industries, Inc. (NYSE: MHK) reports Q3 EPS of $0.64, 8 cents better than the analyst estimate of $0.56. Revenue for the quarter was $1.38 billion, which compares to the estimate of $1.40 billion.

Mohawk Industries sees Q4 EPS of $0.28-$0.38, versus the $0.45 consensus. Carpet material costs will reduce margins until we pass them through with higher prices.

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