Cooper Industries (CBE) Offers Q3 and FY12 Guidance
Tweet
Share
E-mailGet Alerts CBE Hot Sheet
Price: $74.50 --0%
Financial Fact:
Interest expense, net: 14.6M
Today's EPS Names:
MFON, SICP, LBAS, More
Financial Fact:
Interest expense, net: 14.6M
Today's EPS Names:
MFON, SICP, LBAS, More
Join SI Premium – FREE
Cooper Industries plc (NYSE: CBE) today updated its outlook for the third quarter and full year 2011 and provided a preliminary outlook for 2012.
Cooper expects fully diluted earnings per share for the 3rd quarter to be in the range of $0.94-$0.98. Sales are expected to increase 9% to 12% versus the third quarter of 2010, including the revenue contribution from the Martek and Gitiesse acquisitions (approximately $25 million). Cooper expects fully diluted earnings per share from continuing operations for fiscal year 2011 to be in the range of $3.75-$3.82.
Cooper expects fully diluted earnings per share for the 3rd quarter to be in the range of $0.94-$0.98. Sales are expected to increase 9% to 12% versus the third quarter of 2010, including the revenue contribution from the Martek and Gitiesse acquisitions (approximately $25 million). Cooper expects fully diluted earnings per share from continuing operations for fiscal year 2011 to be in the range of $3.75-$3.82.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Midday movers: Morgan Stanley, UnitedHealth rise; Tesla falls
- Darling Ingredients (DAR) PT Lowered to $62 at JPMorgan
- Itau BBA Reiterates Outperform Rating on Lojas Renner SA (LREN3:BZ) (LRENY), Maintain Top Pick
Create E-mail Alert Related Categories
GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
