Actuant Reports Second Quarter Results; Adjusts Fiscal 2018 Guidance

Go back to Actuant Reports Second Quarter Results; Adjusts Fiscal 2018 Guidance

Actuant (ATU) Misses Q2 EPS by 2c, Updates FY Guidance

March 21, 2018 8:32 AM EDT

Actuant (NYSE: ATU) reported Q2 EPS of $0.13, $0.02 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $275 million versus the consensus estimate of $267.52 million.

GUIDANCE:

Actuant sees FY2018 EPS of $1.00-$1.10, versus the consensus of $1.06. Actuant sees... More