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TEAM Inc Lowers FY 2013 EPS Guidance; Narrows FY 2013 Revenue Guidance


Thursday, 14 Mar 2013 04:05pm EDT 

TEAM Inc announced that for fiscal 2013, it is lowering its earnings guidance to a range of $1.70 to $1.85 per fully diluted share. The revised guidance is a decrease of $0.20 per share from the previously issued earnings guidance, and excludes the impact of a non-routine pre-tax charge estimated at $600,000 associated with the recent Venezuelan currency devaluation. Team is also modifying its revenue guidance to a range of $705 to $720 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.03 for fiscal 2013. 

Company Quote

41.41
-0.37 -0.89%
11 Jul 2014