Key Developments For Sun Hydraulics Corp
Sun Hydraulics Corp (SNHY.O) (Nasdaq)
Sun Hydraulics Corporation Issues Q4, FY 2009 Outlook; EPS Outlook Above Analysts' Estimates
Sun Hydraulics Corporation announced that for fourth quarter of 2009, it expects revenues to be approximately $26 million and earnings per share (EPS) to be $0.05-$0.07. For fiscal 2009, it expects sales to be approximately $96 million and EPS to be $0.08-$0.10. According to Reuters Estimates, analysts were expecting the Company to report revenues of $25 million and EPS of $0.01 for fourth quarter of 2009 and revenues of $94 million and EPS of $0.01 for fiscal 2009.
Sun Hydraulics Corporation Declares First Quarter Dividend of $0.09
Sun Hydraulics Corporation announced that it has announced a $0.09 per share dividend on its common stock. The dividend is payable on April 15, 2009, to shareholders of record as of March 31, 2009.
Sun Hydraulics Corporation Issues Q1 2009 Outlook
Sun Hydraulics Corporation announced that for first quarter 2009, it expects sales to be approximately $25 million with net income near breakeven.
Sun Hydraulics Corporation Declares Fourth Quarter Dividend Of $0.09
Sun Hydraulics Corporation announced a $0.09 per share dividend on its common stock. The dividend is payable on January 15, 2009, to shareholders of record as of December 31, 2008.
Sun Hydraulics Corporation Issues Q4 2008 Outlook Below Analysts' Estimates; Issues FY 2008 Outlook; Revenue Outlook Below Analysts' Estimates
Sun Hydraulics Corporation announced that for the fourth quarter of 2008, it expects sales to be approximately $34 million and earnings per share (EPS) to be in the range of $0.20 to $0.22. For fiscal 2008, the Company expects sales to be approximately $180 million and EPS to be between $1.60 and $1.62. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.36 on revenue of $46 million for the fourth quarter of 2008 and revenue of $191 million for fiscal 2008.

