Jason Industries (JASN) Tops Q2 EPS by 5c, Reaffirms Outlook

Jason Industries (NASDAQ: JASN) reported Q2 EPS of $0.12, $0.05 better than the analyst estimate of $0.07. Revenue for the quarter came in at $187.6 million versus the consensus estimate of $188.07 million.

Fiscal 2015 Outlook:

"We remain focused on execution, cash flow generation and strengthening our balance sheet," Westgate continued. "Our initiatives on growth, operational excellence, and achieving synergies with the integration of DRONCO remain on-track."

For 2015, Jason reaffirms its previous outlook of net sales in the range of $708 to $723 million and Adjusted EBITDA in the range of $87 to $91 million. On a constant currency basis, expected organic sales growth would be in the range of 2 to 4 percent.

For earnings history and earnings-related data on Jason Industries (JASN) click here.

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