Harman (HAR) Updates FY12, Boost FY13 EPS, Revs Outlook

October 26, 2011 6:18 AM EDT
Harman (NYSE: HAR) provided guidance for the fiscal year ending June 30, 2012 and updated its prior guidance for the fiscal year ending June 30, 2013, which was first provided in April of 2010.

For fiscal 2012, Harman sees sales of $4.2 to $4.4 billion and EPS of $2.75 to $3.00. Consensus sees revs of $4.23 billion and EPS of $2.69.

The company boosted its fiscal 2013 outlook, revs to $4.55 to $4.8 billion and EPS to $3.75 to $4.00. The Street is currently modeling revs of $4.89 billion and EPS of $3.56.


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