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Checkpoint Systems Inc Lowers FY 2012 Revenue Guidance; Narrows FY 2012 EPS Guidance

Thursday, 1 Nov 2012 07:30am EDT 

Checkpoint Systems Inc announced that for fiscal 2012, it expects net revenues to be in the range of $750 million to $760 million. This includes an expected negative year-over-year impact of foreign exchange rate changes of approximately $27 million to $29 million. Prior guidance was net revenues in the range of $765 million to $785 million. Non-GAAP diluted net loss per share to be in the range of $0.19 to $0.27. Prior guidance was a loss in the range of $0.18 to $0.33 per share. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $774 million for fiscal 2012. 

Company Quote

-0.1 -0.73%
27 Aug 2014