Valspar Corp. (VAL) Tops Q4 EPS Views; Issues Light FY15 EPS Outlook

Valspar Corp. (NYSE: VAL) reported Q4 EPS of $1.38, $0.23 better than the analyst estimate of $1.15. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.19 billion.

The company also boosted its quarterly dividend 15.4 percent to 30 cents per share and approved a new share repurchase program, authorizing the Company to purchase up to $1.5 billion of the corporation's outstanding shares of common stock.

Valspar Corp. sees FY2015 EPS of $4.45 - $4.65, versus the consensus of $4.76.

For earnings history and earnings-related data on Valspar Corp. (VAL) click here.

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