Actuant Reports First Quarter Results; Updates Fiscal 2016 Guidance

Go back to Actuant Reports First Quarter Results; Updates Fiscal 2016 Guidance

Actuant (ATU) Tops Q1 EPS by 7c; Updates FY16 Outlook

December 17, 2015 8:08 AM EST

Actuant (NYSE: ATU) reported Q1 EPS of $0.31, $0.07 better than the analyst estimate of $0.24. Revenue for the quarter came in at $305 million versus the consensus estimate of $278.82 million.

GUIDANCE:

Actuant sees FY2016 EPS of $1.25-$1.40, versus the consensus of $1.28. Actuant sees FY2016... More