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Ferro Corporation Reaffirms FY 2012 Revenue Guidance; Sees FY 2012 EPS At Low End Of Prior Range


Wednesday, 25 Apr 2012 04:50pm EDT 

Ferro Corporation announced that for fiscal 2012, it expects net sales, excluding precious metal pass-throughs, to be approximately the same as in fiscal 2011, after including the negative impact of lower forecasted foreign exchange rates. Based on the Company's current view of demand for its Electronic Materials products, adjusted earnings per share for fiscal 2012 are expected to be toward the low end of the previously provided guidance range of $0.40 to $0.65 per diluted share (EPS). The Company reported revenue of $2.155 billion in fiscal 2011. 

Company Quote

7.07
-0.08 -1.12%
12:12pm EDT