Sun Hydraulics (SNHY) Tops Q1 View; Guides Q2 Above the Street
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- Sun Hydraulics Corporation Declares 3rd Quarter Dividend of $0.09
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- Sidoti Upgrades Sun Hydraulics (SNHY) to Buy
- BB&T Capital Initiates Coverage on Sun Hydraulics (SNHY) with a Buy
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Sun Hydraulics Corporation (NASDAQ: SNHY) reports Q1 EPS of $0.46, 3 cents better than the analyst estimate of $0.43. Revenues for the quarter were $49 million, versus the consensus of $47.40 million.
Sees Q2 revs of about $51 million, versus the consensus of $49.50 million, and EPS in the range of $0.50-$0.52, versus $0.44.
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