Welbilt (WBT) Reports In-Line Q2 EPS

Welbilt (NYSE: WBT) reported Q2 EPS of $0.20, in-line with the analyst estimate of $0.20. Revenue for the quarter came in at $420.7 million versus the consensus estimate of $400.75 million.

GUIDANCE:

Welbilt sees FY2018 EPS of $0.80-$0.90, versus the consensus of $0.91.

• Net sales growth: between 9.0 and 12.0 percent (organic +2.0 to +5.0 percent, acquisition +5.0 percent, foreign currency translation +2.0 percent)

For earnings history and earnings-related data on Welbilt (WBT) click here.

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