Erickson (EAC) Misses Q4 EPS by 11c, FY15 Revenue Guidance Falls Short
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Erickson (NASDAQ: EAC) reported Q4 EPS of ($0.16), $0.11 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $73.2 million versus the consensus estimate of $79.75 million.
Erickson sees FY2015 revenue of $330-350 million, versus the consensus of $351.22 million.
Adjusted EBITDA in the range $80 million to $90 million and Adjusted EBITDAR in the range of $100 million to $110 million. The Company also noted that it expects to generate positive free cash flow(1) on a full year basis in 2015.
For earnings history and earnings-related data on Erickson (EAC) click here.
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