Briggs & Stratton (BGG) Tops Q2 EPS by 2c, Lifts Outlook

Briggs & Stratton (NYSE: BGG) reported Q2 EPS of $0.25, $0.02 better than the analyst estimate of $0.23. Revenue for the quarter came in at $446 million versus the consensus estimate of $424 million.

The company is increasing its fiscal 2018 earnings outlook to $1.45 to $1.62 per diluted share, before business optimization costs and the one-time charge from implementing Tax Reform, from previous guidance of $1.41 to $1.58 per diluted share due to the reduction in the planned effective tax rate.

For earnings history and earnings-related data on Briggs & Stratton (BGG) click here.

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