ACCO Brands Corporation (ACCO) Tops Q2 EPS by 8c; Raises Outlook
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ACCO Brands Corporation (NYSE: ACCO) reported Q2 EPS of $0.24, $0.08 better than the analyst estimate of $0.16. Revenue for the quarter came in at $427.7 million versus the consensus estimate of $383.52 million.
ACCO Brands Corporation sees FY2015 EPS of $0.75-$0.78, versus the consensus of $0.72.
"Our better-than-expected results in the second quarter were due to strong operational performance and improved sales trends across our business," said Boris Elisman, president and chief executive officer, ACCO Brands. "Continuing expense discipline and productivity improvements helped offset the challenging currency environment. After a good first half, we are raising our full-year adjusted earnings-per-share guidance to $0.75-$0.78."
For earnings history and earnings-related data on ACCO Brands Corporation (ACCO) click here.
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