Jacuzzi Brands (JJZ) Issues Positive Guidance for Q1 and FY07
More News related to JJZ
- Jacuzzi Brands (JJZ) Settles Stockholder Suits Regarding Proposed Merger
- Jacuzzi Brands (JJZ) Issues Positive Guidance for Q1 and FY07
- CL King Downgrades Jacuzzi Brands (JJZ) to Underperform
- Jacuzzi Brands (JJZ) Tops Q4 EPS by 5c
- Jefferies & Co Downgrades Jacuzzi Brands (JJZ) to Hold
Jacuzzi Brands, Inc. (NYSE: JJZ) reaffirmed its 2007 guidance and announced selected preliminary financial results for the fiscal 2007 first quarter ended December 30, 2006.
Net sales for the first quarter of fiscal 2007 are estimated to be approximately $272 million compared to $267.1 million in the first quarter of fiscal 2006. (Current consensus is $266 million)
Net income from continuing operations for the first quarter of fiscal 2007 is estimated to be $0.06 per diluted share which included $0.02 per share of net charges for merger and other costs. (Current consensus is $0.07)
The Company is reaffirming its December forecast of fiscal 2007 earnings of $0.75 per share from continuing operations. This forecast includes $0.04 per share of income from the sale of surplus properties. (Current FY07 EPS consensus is $0.71)
Related Categories
GuidanceStocks Mentioned
-12.51Sign 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!
