Welbilt Reports First Quarter Operating Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Tech stocks pull Wall Street lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Welbilt (WBT) Misses Q1 EPS by 4c, Revenues Beat; Confirms FY19 EPS Mid-Point Guidance Below Cosnensus
May 7, 2019 6:02 AM EDTWelbilt (NYSE: WBT) reported Q1 EPS of $0.05, $0.04 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $375.3 million versus the consensus estimate of $373.74 million.
2019 First Quarter Highlights
Net sales were $375.3 million, an increase of 7.1 percent from prior year; Organic Net Sales increased 3.5 percentEarnings from operations were $24.5 million, a decrease of 41.1 percent; as a percent of net sales, earnings from operations were 6.5 percent, a decrease of 540 basis pointsAdjusted Operating EBITDA was $50.1 million, a decrease of 9.4 percent; Adjusted Operating EBITDA margin was 13.3 percent, a decrease of... More