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Actuant Corp Issues Q2 2013 Guidance Below Analysts' Estimates; Lowers FY 2013 Revenue Guidance; Reaffirms FY 2013 EPS Guidance


Wednesday, 19 Dec 2012 08:00am EST 

Actuant Corp announced that for second quarter of 2013, it expects sales in the range of $360-$370 million and earnings per share (EPS) in the range of $0.34-$0.38. For fiscal 2013, it expects sales to be approximately $1.600-1.625 billion, with core sales for the year down 1%-3%. The Company reaffirmed fiscal 2013 EPS gudeance. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $392 million and EPS of $0.46 for second quarter of 2013; revenue of $1.67 billion and EPS of $2.27 for fiscal 2013. 

Company Quote

32.86
-0.11 -0.33%
25 Jul 2014