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Blount International Inc Issues FY 2013 Guidance Below Analysts' Estimates

Thursday, 7 Mar 2013 08:01am EST 

Blount International Inc announced that for fiscal 2013, it expects sales to range between $930 million and $980 million, and operating income to range between $88 million and $98 million. The fiscal 2013 operating income outlook includes non-cash charges of approximately $14 million related to acquisition accounting. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $993 million and operating profit of $114 million for fiscal 2013. 

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