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Ferro Corp Raises Q1, FY 2013 And FY 2015 EPS Guidance


Monday, 8 Apr 2013 04:40pm EDT 

Ferro Corp announced that adjusted earnings per share for the first quarter of 2013, to be in the range of $0.05 to $0.07, compared to the previously announced range of $0.02 to $0.05. The Company also anticipates adjusted earnings for fiscal 2013, to be $0.30 to $0.35 per share, compared to the previously announced range of $0.25 to $0.30. This guidance is based on preliminary first-quarter results and the progress made to date on the Company's cost-saving initiatives and value creation strategy. For fiscal 2015, the Company expects adjusted earnings per share of $0.90 to $1.00, compared to the previously announced range of $0.75 to $0.85. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.04 for the first quarter of 2013, EPS of $0.28 for fiscal 2013 and EPS of $0.64 for fiscal 2015. 

Company Quote

13.06
-0.28 -2.10%
19 Dec 2014