Welbilt (WBT) Misses Q3 EPS by 2c

Go back to Welbilt (WBT) Misses Q3 EPS by 2c

Welbilt Reports Solid Third Quarter Operating Results

November 6, 2017 6:00 AM EST

Delivers margin and EPS growth over prior year; reaffirms sales, margin and EPS guidance

NEW PORT RICHEY, Fla.--(BUSINESS WIRE)-- Welbilt, Inc. (NYSE: WBT), today announced financial results for its 2017 third quarter.

2017 Third Quarter Highlights

Net sales were $380.4 million, a decrease of 0.9 percent; Organic Net Sales decreased 0.9 percent Diluted net earnings per share were $0.24, an increase of 33.3 percent; Adjusted Diluted Net Earnings Per Share were $0.23, an increase of 15.0 percent Earnings from... More