Federal-Mogul Corp. (FDML) Tops Q2 EPS by 6c; to Focus on Organic Growth
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Federal-Mogul Corp. (NASDAQ: FDML) reported Q2 EPS of $0.64, $0.06 better than the analyst estimate of $0.58. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.7 billion.
The company also announced that it has determined, based on its previously announced review of strategic alternatives, that without ruling out other opportunities that may present themselves, it intends at the present time to concentrate primarily on organic growth and strategic acquisitions.
The company also announced that it has determined, based on its previously announced review of strategic alternatives, that without ruling out other opportunities that may present themselves, it intends at the present time to concentrate primarily on organic growth and strategic acquisitions.
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