Mac-Gray Corp. (TUC) Misses Q3 EPS by 7c, Offers FY11 Outlook Update
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Price: $21.25 --0%
Financial Fact:
Commercial laundry equipment sales: 4.51M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Commercial laundry equipment sales: 4.51M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Mac-Gray Corp. (NYSE: TUC) reported Q3 EPS of $0.05, $0.07 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $78.5 million versus the consensus estimate of $80 million.
Based on its performance through the first nine months of 2011 and current market conditions, the Company expects to achieve the low end of its 2011 revenue guidance of $324 million to $328 million; and the low end of its capital expenditures guidance of $33 million to $36 million, which includes laundry facilities management contract incentives.
Based on its performance through the first nine months of 2011 and current market conditions, the Company expects to achieve the low end of its 2011 revenue guidance of $324 million to $328 million; and the low end of its capital expenditures guidance of $33 million to $36 million, which includes laundry facilities management contract incentives.
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