Ferro Corp. (FOE) Misses Q3 EPS by 4c; Cuts FY11 Outlook
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Ferro Corp. (NYSE: FOE) reported Q3 EPS of $0.23, $0.04 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $546 million versus the consensus estimate of $572.76 million.
Ferro Corp. sees FY2011 EPS of $0.70-$0.80, versus prior guidance of $1.08-$1.18 and the consensus of $1.08. Ferro Corp. sees FY2011 revenue of $2.15-$2.20 million, versus prior guidance of $2.30-$2.35 million and the consensus of $2.31 million.
Ferro Corp. sees FY2011 EPS of $0.70-$0.80, versus prior guidance of $1.08-$1.18 and the consensus of $1.08. Ferro Corp. sees FY2011 revenue of $2.15-$2.20 million, versus prior guidance of $2.30-$2.35 million and the consensus of $2.31 million.
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