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II-VI Inc Issues Q3 2013 Guidance Below Analysts' Estimates; Raises FY 2013 Revenue Guidance; Lowers FY 2013 EPS Guidance


Tuesday, 22 Jan 2013 06:55am EST 

II-VI Inc announced that for third quarter of 2013, it expects revenues to range from $145 million to $150 million and earnings per share (EPS) to range from $0.24 to $0.28. Comparable results for the quarter ended March 31, 2012 were revenues of $132.6 million and earnings per share of $0.22. For fiscal 2013, the Company expects revenues to range from $560 million to $570 million and earnings per share to range from $0.91 to $0.99. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $175 million and EPS of $0.33 for third quarter of 2013; revenue of $676 million and EPS of $1.31 for fiscal 2013. 

Company Quote

14.43
0.19 +1.33%
4:00pm EDT