Actuant (ATU) Tops Q1 EPS by 7c; Updates FY16 Outlook

Actuant (NYSE: ATU) reported Q1 EPS of $0.31, $0.07 better than the analyst estimate of $0.24. Revenue for the quarter came in at $305 million versus the consensus estimate of $278.82 million.

GUIDANCE:

Actuant sees FY2016 EPS of $1.25-$1.40, versus the consensus of $1.28. Actuant sees FY2016 revenue of $1.165-1.200 billion, versus the consensus of $1.17 billion.

For earnings history and earnings-related data on Actuant (ATU) click here.

You May Also Be Interested In

• BofA raises AMD target to $720, sees server CPU TAM tripling to $211B by 2030
• Sysco closes C$1.5 billion senior notes offering for Jetro acquisition
• Stitch Fix (SFIX) Tops Q4 EPS by 4c; Offers Guidance