Global Brass & Copper (BRSS) Tops Q1 EPS by 9c

Global Brass & Copper (NYSE: BRSS) reported Q1 EPS of $0.71, $0.09 better than the analyst estimate of $0.62. Revenue for the quarter came in at $393.3 million versus the consensus estimate of $344.1 million.

Guidance:

We reaffirm our full-year 2017 guidance and expect:

• Shipment volumes to range from 530 million pounds to 560 million pounds; and
• Adjusted EBITDA to range from $120 million to $130 million.

For earnings history and earnings-related data on Global Brass & Copper (BRSS) click here.

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