Welbilt (WBT) Reports In-Line Q4 EPS, Revenues Beat; Offers FY19 EPS Guidance Below Consensus

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Go back to Welbilt (WBT) Reports In-Line Q4 EPS, Revenues Beat; Offers FY19 EPS Guidance Below Consensus

Welbilt, Inc. (WBT) PT Raised to $18 at Baird Following In-Line 4Q

February 20, 2019 8:59 AM EST

Baird analyst Mircea Dobre raised the price target on Welbilt, Inc. (NYSE: WBT) to $18.00 (from $17.00) while maintaining a Outperform rating following the company's 4Q. Adjusted EPS of $0.18 compared to $0.18 consensus, adjusted EBITDA of $72.7 million missed $73.8 million consensus.

Management introduced 2019 guidance for organic sales +2-5%,... More