Welbilt Reports Third Quarter Operating Results

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Welbilt (WBT) Misses Q3 EPS by 3c, Offers FY Guidance

November 5, 2018 6:14 AM EST

Welbilt (NYSE: WBT) reported Q3 EPS of $0.25, $0.03 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $412.9 million versus the consensus estimate of $420.53 million.

GUIDANCE:

Welbilt sees FY2018 EPS of $0.73-$0.81, versus the consensus of $0.88.

Net sales growth: between... More