A.T. Cross Company Reaffirms FY 2011 EPS Guidance; Issues FY 2011 Revenue Guidance Below Analysts' Estimates; Issues FY 2012 EPS Guidance Below Analysts' Estimates

A.T. Cross Company announced that it expects to meet fiscal 2011 basic EPS guidance of $0.67-$0.70 and revenue growth of 10%. For fiscal 2012, it expects basic EPS guidance of between $0.73 and $0.78 and fully Diluted EPS guidance of between $0.70 and $0.75. The Company reported revenues of $158.31 million in fiscal 2010. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.66 and revenues of $180.20 million for fiscal 2011; EPS of $0.84 for fiscal 2012.