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Actuant Corp (ATU)

ATU on New York Consolidated

25.15USD
21 Apr 2017
Change (% chg)

$-0.15 (-0.59%)
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Latest Key Developments (Source: Significant Developments)

Actuant reports Q2 earnings per share $0.08
Wednesday, 22 Mar 2017 08:00am EDT 

Actuant Corp - : Actuant reports second quarter results; updates fiscal 2017 guidance . Sees Q3 adjusted earnings per share $0.38 to $0.43 . Q2 adjusted earnings per share $0.11 excluding items . Q2 gaap earnings per share $0.08 . Sees Q3 sales $290 million to $300 million . Q2 sales $259 million versus I/B/E/S view $250.7 million . Q2 earnings per share view $0.12 -- Thomson Reuters I/B/E/S . Sees FY 2017 adjusted earnings per share $1.10 to $1.20 excluding items . Sees FY 2017 sales $1.075 billion to $1.125 billion . FY2017 earnings per share view $1.14, revenue view $1.09 billion -- Thomson Reuters I/B/E/S . Expect Q3 sales to be in $290-300 million range, with adjusted eps of $0.38-0.43 .Free cash flow is projected to be in $85-95 million range in fiscal 2017.  Full Article

Pzena Investment Management reports a 5.1 percent passive stake in Actuant Corp as of Dec 31, 2016
Monday, 6 Feb 2017 11:45am EST 

Actuant Corp :Pzena Investment Management LLC reports a 5.1 percent passive stake in Actuant Corp as of Dec 31, 2016 - SEC filing.  Full Article

Actuant posts Q1 earnings of $0.08/share
Wednesday, 21 Dec 2016 08:00am EST 

Actuant Corp: Actuant reports first quarter results; updates fiscal 2017 guidance . Sees Q2 earnings per share $0.08 to $0.13 . Q1 adjusted earnings per share $0.20 excluding items . Q1 GAAP earnings per share $0.08 . Sees Q2 sales $250 million to $260 million . Q1 sales $266 million versus I/B/E/S view $267.9 million . Reaffirms FY earnings per share view $1.10 to $1.30 excluding items . Sees FY sales $1.075 billion to $1.125 billion . Q1 earnings per share view $0.17 -- Thomson Reuters I/B/E/S . Restructuring activities related to facility consolidations and staffing reductions remain on track . On track to meet financial commitments for fiscal year . "identified and are pursuing further actions which should reduce our income tax expense" . Q2 earnings per share view $0.16, revenue view $250.4 million -- Thomson Reuters I/B/E/S .Fy2017 earnings per share view $1.06, revenue view $1.10 billion -- Thomson Reuters I/B/E/S.  Full Article

Actuant appoints Rick Dillon as CFO, effective Dec. 22
Friday, 18 Nov 2016 08:30am EST 

Actuant Corp : Actuant corp - rick dillon will join company effective december 5, 2016 and become executive vice president and cfo effective december 22, 2016 . Actuant -andrew lampereur, company's chief financial officer will remain in his position through q1 earnings announcement on december 21, 2016 .Actuant announces new chief financial officer, board retirements and other items.  Full Article

Actuant Q4 GAAP earnings per share $0.29
Wednesday, 28 Sep 2016 08:00am EDT 

Actuant Corp : Actuant reports fourth quarter and full year fiscal 2016 results; provides 2017 guidance . Q4 adjusted earnings per share $0.30 excluding items . Q4 GAAP earnings per share $0.29 . Sees FY 2017 sales $1.075 billion to $1.125 billion . Q4 sales $276 million versus I/B/E/S view $277.5 million . Q4 earnings per share view $0.30 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share $1.00 to $1.20 excluding items . Sees Q1 earnings per share $0.14 to $0.19 excluding items . Q1 earnings per share view $0.29, revenue view $294.2 million -- Thomson Reuters I/B/E/S .Sees Q1 sales in $260-270 million range on a 14-16% core sales decline.  Full Article

Actuant says Q3 adjusted EPS $0.40 excluding items
Wednesday, 22 Jun 2016 08:00am EDT 

Actuant Corp : Actuant reports third quarter results; updates fiscal 2016 guidance . "we have seen stabilization in several of our end markets" . Upstream oil & gas and agriculture, in particular, continue to experience reduced spending, pricing and unpredictable demand levels . Q4 earnings per share view $0.36, revenue view $282.9 million -- Thomson Reuters I/B/E/S . Q3 earnings per share view $0.37, revenue view $294.2 million -- Thomson Reuters I/B/E/S . FY 2016 earnings per share view $1.25, revenue view $1.14 billion -- Thomson Reuters I/B/E/S . Actuant reports third quarter results; updates fiscal 2016 guidance . Sees FY adjusted earnings per share $1.20 to $1.25 . Sees Q4 adjusted earnings per share $0.28 to $0.33 . Q3 earnings per share $0.36 . Sees Q4 sales $270 million to $280 million . Sees FY sales about $1.15 billion . Q3 sales $305 million versus I/B/E/S view $294.2 million . Q3 adjusted earnings per share $0.40 excluding items .Q3 earnings per share view $0.37 -- Thomson Reuters I/B/E/S.  Full Article

Actuant Corp reaches agreement to acquire FourQuest MENAC
Wednesday, 30 Mar 2016 04:30pm EDT 

Actuant Corp:Acquired business and assets of Middle East, Caspian and North Africa division of privately owned Canadian-based FourQuest Energy Inc for approximately $60 million.Purchase price is expected to be funded from existing cash balances.  Full Article

Actuant Corp names Randal W. Baker President and Chief Executive Officer
Tuesday, 1 Mar 2016 08:00am EST 

Actuant Corp:Names Randal W. Baker President and Chief Executive Officer.Says appointed an independent director, Robert A. Peterson, as Actuant's Chairman of Board, replacing Robert C. Arzbaecher who will remain a member of the Board.Says Randal Baker succeeds Bob Arzbaecher.  Full Article

Actuant Corp gives FY, Q1 2016 guidance
Wednesday, 30 Sep 2015 08:00am EDT 

Actuant Corp:Projects FY 2016 sales in the range of $1.16 - 1.20 billion.Expects FY 2016 EPS (excluding restructuring charges, future stock buybacks and acquisitions) to be in the range of $1.20-1.40.Expects Q1 2016 sales in the $275-285 million range on a 7-9% core sales decline, and EPS of $0.20-0.25 (excluding restructuring charges, future stock buybacks and acquisitions).  Full Article

Actuant corporation names Robert Arzbaecher CEO
Tuesday, 25 Aug 2015 09:00am EDT 

Actuant corporation:Board of Directors has appointed Robert Arzbaecher to the position of President and Chief Executive Officer effective immediately.Says Arzbaecher succeeds Mark Goldstein.  Full Article

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BRIEF-Actuant reports Q2 earnings per share $0.08

* Actuant reports second quarter results; updates fiscal 2017 guidance