Actuant (ATU) Tops Q1 EPS by 7c; Updates FY16 Outlook

Actuant (NYSE: ATU) reported Q1 EPS of $0.31, $0.07 better than the analyst estimate of $0.24. Revenue for the quarter came in at $305 million versus the consensus estimate of $278.82 million.

GUIDANCE:

Actuant sees FY2016 EPS of $1.25-$1.40, versus the consensus of $1.28. Actuant sees FY2016 revenue of $1.165-1.200 billion, versus the consensus of $1.17 billion.

For earnings history and earnings-related data on Actuant (ATU) click here.

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