Brush Engineered Materials (BW) Misses Q3 EPS by 7c

Brush Engineered Materials (NYSE: BW) reported Q3 EPS of $0.25, $0.07 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $420 million versus the consensus estimate of $433.64 million.

"Third quarter performance met our internal targets, as a strong quarter from Global Power allowed us to overcome a challenging project in Global Services,” said Mr. E. James Ferland, Chairman and Chief Executive Officer. “We continue to expect strong performance in Q4 and we are raising the bottom end of our guidance for adjusted earnings per share by 5 cents to a range of $1.15 to $1.30.”

For earnings history and earnings-related data on Brush Engineered Materials (BW) click here.

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