Actuant Reports First Quarter Results; Updates Fiscal 2017 Guidance

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Actuant (ATU) Tops Q1 EPS by 3c; Bumps Outlook Higher

December 21, 2016 8:02 AM EST

Actuant (NYSE: ATU) reported Q1 EPS of $0.20, $0.03 better than the analyst estimate of $0.17. Revenue for the quarter came in at $266 million versus the consensus estimate of $267.86 million.

GUIDANCE:

Actuant sees FY2017 EPS of $1.10-$1.30, versus prior guidance of $1.10-$1.20 and the consensus of $1.05. Actuant... More