Key Developments For Joy Global Inc.
Joy Global Inc. (JOYG.O) (Nasdaq)
Joy Global Inc. Declares Quarterly Dividend Of $0.175 Per Share
Joy Global Inc. announced that its Board of Directors has declared a quarterly dividend in the amount of $0.175 per share to be paid on December 18, 2009 to shareholders of record on December 4, 2009.
Joy Global Inc. Comments On FY 2010 Revenue Guidance; Reaffirms FY 2009 Revenue Guidance; Raises FY 2009 Earnings Guidance
Joy Global Inc. announced that it continues to see fiscal 2010 as a year of lower revenues. For fiscal 2009, it expects to meet the previous revenue guidance of $3.5 to $3.6 billion. The Company expects earnings to be better than the $3.80 to $4.00 previously indicated and now expects fiscal 2009 earnings per fully diluted share to be between $4.00 and $4.20, including additional restructuring costs in the fourth quarter. According to Reuters Estimates, analysts were expecting the Company to report revenue of $3.52 billion and EPS of $3.95 for fiscal 2009; revenue of $2.791billion for fiscal 2010.
Joy Global Inc. Declares Quarterly Dividend of $0.175 Per Share
Joy Global Inc. announced that its Board of Directors has declared a quarterly dividend in the amount of $0.175 per share to be paid on September 18, 2009 to shareholders of record on September 4, 2009.
Joy Global Inc. Lowers High End Of Prior FY 2009 Revenue Outlook; Raises Low End Of Prior FY 2009 EPS Outlook; Reiterates FY 2010 Revenue Outlook
Joy Global Inc. announced that for fiscal 2009, it now expects revenues to be between $3.5-$3.6 billion and earnings per fully diluted share (EPS) to be between $3.80-$4.00. For fiscal 2010, it continues to expect revenues to be lower than fiscal 2009 unless the markets begin to improve in the interim. According to Reuters Estimates, analysts were expecting the Company to report revenues of $3.5 billion for fiscal 2009 and revenues of $2.9 billion for fiscal 2010.
Joy Global Inc. Declares Quarterly Dividend of $0.175 Per Share
Joy Global Inc. announced that its Board of Directors have declared a quarterly dividend in the amount of $0.175 per share to be paid on June 19, 2009, to shareholders of record on June 5, 2009.
