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Checkpoint Systems Inc Lowers FY 2013 Guidance


Wednesday, 6 Nov 2013 06:02pm EST 

Checkpoint Systems Inc announced that for fiscal 2013, it expects net revenues to be in the range of $680 million to $695 million. Prior guidance was net revenues in the range of $685 million to $700 million. Non-GAAP operating income is expected to be $33 million to $39 million. Prior guidance was non-GAAP operating income in the range of $47 million to $52 million. Non-GAAP diluted net earnings per share are expected to be in the range of $0.40 to $0.50. Prior guidance was non-GAAP diluted net earnings per share attributable to Checkpoint Systems, Inc. in the range of $0.65 to $0.75. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $692 million, EBIT of $48 million and EPS of $0.64 for fiscal 2013. 

Company Quote

13.37
0.13 +0.98%
3:51pm EDT