Forterra (FRTA) Misses Q4 EPS by 4c

Forterra (NASDAQ: FRTA) reported Q4 EPS of ($0.27), $0.04 worse than the analyst estimate of ($0.23). Revenue for the quarter came in at $339.2 million versus the consensus estimate of $358.05 million.

2019 Outlook
The Company expects the full year 2019 net loss will be in the range of $38 to $16 million and Adjusted EBITDA in the range of $170 million to $200 million. The Company anticipates continued strong execution in Drainage and margin improvement in Water on the benefit of higher selling prices and operational improvements. The Company's end-market demand outlook supports its expectation for top-line growth.

For earnings history and earnings-related data on Forterra (FRTA) click here.

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