$0.09 EPS Expected for Actuant Corporation (NASDAQ:EPAC) This Quarter
Wall Street brokerages expect that Actuant Corporation (NASDAQ:EPAC) will post $0.09 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Actuant’s earnings, with the lowest EPS estimate coming in at $0.09 and the highest estimate coming in at $0.10. Actuant posted earnings of $0.27 per share in the same quarter last year, which would suggest a negative year over year growth rate of 66.7%. The business is scheduled to issue its next quarterly earnings report on Thursday, December 19th.
According to Zacks, analysts expect that Actuant will report full year earnings of $0.74 per share for the current fiscal year, with EPS estimates ranging from $0.68 to $0.79. For the next financial year, analysts forecast that the business will report earnings of $0.96 per share, with EPS estimates ranging from $0.84 to $1.15. Zacks’ earnings per share averages are an average based on a survey of research analysts that cover Actuant.
Actuant (NASDAQ:EPAC) last posted its quarterly earnings data on Thursday, September 26th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.03. The business had revenue of $158.32 million for the quarter, compared to analyst estimates of $168.71 million.
Actuant Company Profile
Actuant Corp. is a diversified industrial company, which engages in the designing, manufacturing, and distribution of a broad range of industrial products and systems to various end markets. It operates through the Industrial Tools and Services; and Engineered Components and Systems segments. The Industrial Tools and Services segment supplies both products and services to a broad array of end markets, including industrial, energy, mining and production automation markets.
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