Welbilt Reports First Quarter Operating Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil prices steady as investors weigh US-Iran war escalation
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
Welbilt (WBT) Reports In-Line Q1 EPS, Revenues Beat
May 5, 2020 6:08 AM EDTWelbilt (NYSE: WBT) reported Q1 EPS of $0.01, in-line with the analyst estimate of $0.01. Revenue for the quarter came in at $328.9 million versus the consensus estimate of $323.45 million.
2020 First Quarter Highlights (1)
Net sales were $328.9 million, a decrease of 12.4 percent from the prior year; Organic Net Sales decreased 11.6 percentEarnings from operations were $0.6 million compared to $24.5 million in the prior year; as a... More