MEMC Electronic Materials Inc. (WFR) Misses Q1 EPS by 4c; Guides FY11 EPS, Revs

May 4, 2011 4:05 PM EDT
MEMC Electronic Materials Inc. (NYSE: WFR) reported Q1 EPS of $0.09, $0.04 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $735.9 million versus the consensus estimate of $638.82 million.

Sees FY11 revs of $3.4 - $3.7 billion with EPS of $1.00 - $1.30, versus consensus revs of $3.41 billion and EPS of $1.14.


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