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Provider: Stock Traders Daily
Provider: New Constructs, LLC
Provider: Thomson Reuters Stock Report
Provider: S&P Capital IQ Quantitative Report

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General Cable Corp lowers Q1 2014 operating income guidance; sees FY 2014 operating income at around low end or prior range; gives Q2 2014 earnings guidance

Thursday, 27 Mar 2014 08:00am EDT 

General Cable Corp:Sees Q1 2014 adjusted operating income to be below the communicated outlook.Expects adjusted operating income of $17 to $27 mln in Q1 2014 (previous : $30-$45 mln).Expects adjusted operating income for FY 2014 at around the low end of its previously communicated range of $260-$320 mln.Continues to expect a sharp improvement in operating results in Q2 2014 as construction activity accelerates and installation work on submarine projects in the North and Baltic Seas resumes.Q1 2014 EBIT of $39.73 mln - Thomson Reuters I/B/E/S.FY 2014 EBIT of $293 mln - Thomson Reuters I/B/E/S.Q2 2014 EBIT of $90 mln - Thomson Reuters I/B/E/S. 

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