Tower Int'l (TOWR) Tops Q2 EPS by 10c, Reaffirms FY Earnings Outlook

Tower Int'l (NYSE: TOWR) reported Q2 EPS of $0.81, $0.10 better than the analyst estimate of $0.71. Revenue for the quarter came in at $505.1 million versus the consensus estimate of $504.7 million.

The Company is re-affirming its outlook for full year earnings and free cash flow. The outlook for full year revenue is down slightly for vehicle and Company-specific reasons; to date, there has been no evidence experienced by the Company of a meaningful industry production downturn in North America or adverse fall-out in Europe from Brexit.

For earnings history and earnings-related data on Tower Int'l (TOWR) click here.

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