KeyBanc Downgrades Essendant (ESND) to Sector Weight
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Essendant (ESND) Misses Q2 EPS by 28c; Cuts FY16 EPS Outlook
July 21, 2016 6:46 AM EDTEssendant (NASDAQ: ESND) reported Q2 EPS of $0.55, $0.28 worse than the analyst estimate of $0.83. Revenue for the quarter came in at $1.35 billion versus the consensus estimate of $1.36 billion.
GUIDANCE:
Essendant now sees FY2016 EPS of $2.15-$2.30, versus the consensus of $3.26.
For earnings history and earnings-related data on Essendant (ESND) click here.
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