Pall Corp. (PLL) Tops Q2 EPS by 1c; Lowers FY15 Outlook on FX

Pall Corp. (NYSE: PLL) reported Q2 EPS of $0.88, $0.01 better than the analyst estimate of $0.87. Revenue for the quarter came in at $673.8 million versus the consensus estimate of $700.65 million.

Pall Corp. lowered FY2015 EPS to $3.65-$3.85, versus the consensus of $3.86, citing FX.

Larry Kingsley, Pall Chairman and CEO, said, “We delivered a solid operating quarter. Our consolidated results were significantly impacted by foreign currency translation, particularly due to the strong U.S. dollar. Despite our global revenue profile and U.S.-centric cost structure, we delivered a modest increase in reported operating margin.”

For earnings history and earnings-related data on Pall Corp. (PLL) click here.

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