MTS Systems Corp (MTSC) Reports In-Line Q3 EPS; Guides FY11 Revs Outlook

August 4, 2011 4:58 PM EDT
MTS Systems Corp (NASDAQ: MTSC) reported Q3 EPS of $0.69, in-line with the analyst estimate of $0.69. Revenue for the quarter came in at $116.8 million versus the consensus estimate of $112.03 million.

In light of the company's third quarter financial results, and assuming economic conditions continue as is, the company expects to modestly exceed its previous full-year outlook for revenue growth, EBIT rate as a percentage of revenue and return on invested capital (ROIC).

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