Essendant Reports First Quarter 2017 Results
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Essendant (ESND) Tops Q1 EPS by 5c, Names New CFO
April 26, 2017 4:30 PM EDTEssendant (NASDAQ: ESND) reported Q1 EPS of $0.25, $0.05 better than the analyst estimate of $0.20. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.32 billion.
Outlook for 2017
The following outlooks exclude the impacts of any new acquisitions or unusual charges.
Net sales are expected to be flat to down 4%Adjusted diluted earnings per share(1) are expected to improve sequentially throughout 2017Free cash flow(1) generation expected to be... More