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Tower International Inc Issues FY 2013 Guidance; Revenue Guidance Below Analysts' Estimates


Friday, 15 Feb 2013 08:01am EST 

Tower International Inc announced that for fiscal 2013, the preliminary outlook includes improvements from fiscal 2012 in revenue ($2.1 billion to $2.15 billion), adjusted EBITDA ($200 million to $210 million) and adjusted earnings per share ($1.10 to $1.40). According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $2.18 billion, EBITDA of $200 million and EPS of $1.13 for fiscal 2013. 

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21 May 2013