Welbilt (WBT) Reports In-Line Q2 EPS
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Welbilt Reports Solid Second Quarter Operating Results
August 9, 2018 6:59 AM EDTDelivers sales and operating earnings growth over prior year; increasing full-year sales guidance, maintaining EPS guidance and updating margin guidance
NEW PORT RICHEY, Fla.--(BUSINESS WIRE)-- Welbilt, Inc. (NYSE: WBT), today announced financial results for its 2018 second quarter.
2018 Second Quarter Highlights
Net sales were $420.7 million, an increase of 13.4 percent from prior year; Organic Net Sales increased 6.5 percent Net earnings were $12.1 million, a decrease of 59.8 percent; Adjusted Net Earnings were $28.8 million, a decrease of 9.4 percent... More