Milacron Holdings Corp. (MCRN) Tops Q4 EPS by 11c

Milacron Holdings Corp. (NYSE: MCRN) reported Q4 EPS of $0.48, $0.11 better than the analyst estimate of $0.37. Revenue for the quarter came in at $311.4 million versus the consensus estimate of $309.64 million.

2019 Outlook

In line with current market conditions, Milacron forecasts -3% to -4% sales growth in 2019, which is inclusive of an anticipated 1% foreign currency headwind. On a pro forma basis, Milacron forecasts 0% to 1% sales growth in 2019, inclusive of the aforementioned foreign currency headwind. Adjusted EBITDA margin is forecasted to be between 17.5% and 18.0%. Free cash flow is forecasted to be between $100 million and $110 million.

For earnings history and earnings-related data on Milacron Holdings Corp. (MCRN) click here.

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