Ferro Corp. (FOE) Tops Q1 EPS by 1c; Raises FY11 Sales Guidance
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Ferro Corp.0 (NYSE: FOE) reported Q1 EPS of $0.29, $0.01 better than the analyst estimate of $0.28. Revenue for the quarter came in at $573 million versus the consensus estimate of $538.34 million.
Raises its FY11 sales guidance from $2.23-$2.30 billion to $2.3-$2.35 billion, which compares to the Street estimate of $2.27 billion.
Raises its FY11 sales guidance from $2.23-$2.30 billion to $2.3-$2.35 billion, which compares to the Street estimate of $2.27 billion.
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