Milacron Holdings (MCRN) Tops Q4 EPS by 9c; Guides FY16

Milacron Holdings (NYSE: MCRN) reported Q4 EPS of $0.48, $0.09 better than the analyst estimate of $0.39. Revenue for the quarter came in at $306.3 million versus the consensus estimate of $301.34 million.

2016 Outlook

Milacron forecasts 0% to 2% organic sales growth in 2016, which is in line with current market conditions. Adjusted EBITDA margins are forecasted to be between 18.5% and 19.0%. Additionally, the company expects capital expenditures of approximately $50 to $55 million, interest expense to be approximately $60 million, cash taxes to be between $30 to $35 million, an effective tax rate of approximately 30% and shares outstanding to remain flat in 2016.

For earnings history and earnings-related data on Milacron Holdings (MCRN) click here.

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