Tower International Inc Raises FY 2013 EPS Guidance; Sees FY 2013 Revenue Guidance At Mid Point Of Prior Range; Sees FY 2013 EBITDA Guidance At Upper End Of Prior Range

Thursday, 2 May 2013 08:01am EDT 

Tower International Inc announced that for fiscal 2013, it is increasing its outlook for diluted adjusted earnings per share by 40 cents from the prior mid-point outlook (to $1.65 per share). Revenue is projected at the prior mid-point outlook ($2.125 billion), and the range outlook for adjusted EBITDA is increased to the upper end of the prior outlook (now $205 million to $210 million). According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $2.13 billion, EBITDA of $206 million and EPS of $1.28 for fiscal 2013. 

Company Quote

-0.16 -0.67%
30 Jan 2015