Welbilt (WBT) Tops Q2 EPS by 20c, Revenues Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Welbilt Reports Second Quarter Operating Results
August 4, 2020 6:00 AM EDTNEW PORT RICHEY, Fla.--(BUSINESS WIRE)-- Welbilt, Inc. (NYSE: WBT), today announced financial results for its 2020 second quarter.
2020 Second Quarter Highlights (1)
Net sales were $206.0 million, a decrease of 51.7 percent from the prior year; Organic Net Sales (a non-GAAP measure) decreased 51.2 percent from the prior year Earnings from operations were $0.7 million compared to $57.2 million in the prior year; as a percentage of net sales, earnings from operations were 0.3 percent compared to 13.4 percent in the prior year Adjusted Operating EBITDA (a... More