Welbilt (WBT) Tops Q2 EPS by 11c, Maintains Guidance

Welbilt (NYSE: WBT) reported Q2 EPS of $0.22, $0.11 better than the analyst estimate of $0.11. Revenue for the quarter came in at $395.6 million versus the consensus estimate of $343.87 million.

Guidance:

On July 8, 2021, we issued a Form 8-K that included Updated Welbilt Management Forecasted Financial Information that included 2021 net sales of $1,482 million and 2021 Adjusted Operating EBITDA of $267 million. We are reiterating this forecast today.

For earnings history and earnings-related data on Welbilt (WBT) click here.

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