Cambrex Corp. (CBM) Tops Q4 EPS by 18c; Guides In-Line
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Cambrex Corp. (NYSE: CBM) reported Q4 EPS of $1.23, $0.18 better than the analyst estimate of $1.05. Revenue for the quarter came in at $178.7 million versus the consensus estimate of $175.07 million.
GUIDANCE:
Cambrex Corp. sees FY2017 EPS of $2.94-$3.06, versus the consensus of $2.97.
The following table shows the Company’s current expectations for its full year 2017 financial performance:
| Expectations | ||||
| Net revenues increase | 7% - 11% | |||
| Adjusted EBITDA | $168 - $174 million | |||
| Adjusted income from continuing operations per share | $2.94 - $3.06 | |||
| Free cash flow | $50 - $60 million | |||
| Capital expenditures | $70 - $75 million | |||
| Depreciation and amortization | $32 - $34 million | |||
| Effective tax rate | 31% - 33% |
For earnings history and earnings-related data on Cambrex Corp. (CBM) click here.
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