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MTS Systems Corp Lowers FY 2013 Guidance

Monday, 6 May 2013 04:35pm EDT 

MTS Systems Corp announced that for the fiscal 2013, it expects revenue to grow 4 to 6% or $560 to $575 million, compared to the previous growth range of 5 to 10%, and earnings per share(EPS) are expected to be $3.30 to $3.70, down from the previous outlook of 5 to 10% growth. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $582 million and EPS of $4.06 for fiscal 2013. 

Company Quote

0.33 +0.50%
4:00pm EDT