Shiloh Industries (SHLO) Misses Q4 EPS by 6c, Miss on Revenues; Offers 2018 Outlook

Shiloh Industries (NASDAQ: SHLO) reported Q4 EPS of $0.13, $0.06 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $264.2 million versus the consensus estimate of $265.28 million.

2018 Outlook

Shiloh is introducing guidance for the full year fiscal 2018 with adjusted EBITDA in a range of $73 million to $76 million and an adjusted EBITDA margin range of 7.4% to 7.8%. Additionally, the Company expects annual capital expenditures to be approximately 4% to 5% of revenue.

Fourth-Quarter 2017 Highlights (compared to Fourth-Quarter 2016):

• Revenues decreased to $264.2 million.
• Gross profit of $28.3 million with a gross margin of 10.7%.
• Net loss was $0.9 million or 4 cents per share.
• Adjusted earnings per basic share was 13 cents.
• Adjusted EBITDA was $18.3 million.
• Adjusted EBITDA margin was 6.9%.
• New product wins represented an expected $213 million in sales over the life-of-programs.

For earnings history and earnings-related data on Shiloh Industries (SHLO) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Zeo Energy Corp (ZEO) Misses Q2 EPS by 7c
• Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance