MEMC Electronic Materials, Inc. (WFR) Tops Q2 Views; Guides FY11

August 3, 2011 4:31 PM EDT
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Price: $8.07 --0%

Financial Fact:
Net income: -328M

Today's EPS Names:
SVBT, ZEO, OTLK, More
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MEMC Electronic Materials, Inc. (NYSE: WFR) reported Q2 EPS of $0.29, $0.21 better than the analyst estimate of $0.08. Revenue for the quarter came in at $745.6 million versus the consensus estimate of $699.89 million.

Sees FY2011 EPS of $0.80-$1.00, versus the consensus of $1.01. Sees FY2011 revenue of $3.3-$3.6 billion, versus the consensus of $3.45 billion.


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