Actuant (ATU) Tops Q1 EPS by 2c
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Actuant Reports First Quarter Results; Reaffirms Fiscal 2018 Guidance
December 20, 2017 8:00 AM ESTMILWAUKEE--(BUSINESS WIRE)-- Actuant Corporation (NYSE: ATU) today announced results for its first quarter ended November 30, 2017.
Highlights
Consolidated sales increased 9% over the comparable prior year quarter with a 3% benefit from foreign currency rate changes. First quarter core sales (total sales excluding the impact of acquisitions, divestitures and foreign currency rate changes) increased 6% on a year-over-year basis with strong volumes in both the Industrial and Engineered Solutions segments. GAAP diluted earnings per share (EPS) were $0.09 in the first quarter of fiscal 2018 versus $0.08 in the... More