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Outokumpu Oyj Issues Q2 2013 EBIT Guidance Below Analysts' Estimates


Thursday, 25 Apr 2013 02:00am EDT 

Outokumpu Oyj announced that it expects he second quarter underlying EBIT loss to be equal or slightly worse than in the first quarter. Outokumpu’s operating result in the second quarter could be impacted by non-recurring items associated with the Group’s on-going cost-cutting programs. For the first quarter of 2013, the Company reported negative EBIT of EUR 77 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report negative EBIT of EUR 51.57 million for the second quarter of 2013. 

Company Quote

4.644
-0.138 -2.89%
19 Dec 2014