Actuant Sees Q2 Adj. EPS $0.08-$0.12 vs $0.15 Est., Sales $133M-$140M vs $135.97M Est.

The company re-confirms its outlook for continuing operations for the full year of fiscal 2020: Net Sales of $575 to $600 million; Adjusted EBITDA of $94 to $104 million; Adjusted EPS of $0.68 to $0.81; and Free

Benzinga · 12/19/2019 13:33

The company re-confirms its outlook for continuing operations for the full year of fiscal 2020:

  • Net Sales of $575 to $600 million;
  • Adjusted EBITDA of $94 to $104 million;
  • Adjusted EPS of $0.68 to $0.81; and
  • Free cash flow of $50 to $75 million.

For the second quarter of fiscal 2020, we expect:

  • Net sales of $133 to $140 million;
  • Adjusted EBITDA of $16.5 to $19.5 million; and
  • Adjusted EPS of $0.08 to $0.12.