Essendant Reports First Quarter 2017 Results

Go back to Essendant Reports First Quarter 2017 Results

Essendant (ESND) Tops Q1 EPS by 5c, Names New CFO

April 26, 2017 4:30 PM UTC

Essendant (NASDAQ: ESND) reported Q1 EPS of $0.25, $0.05 better than the analyst estimate of $0.20. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.32 billion.

Outlook for 2017

The following outlooks exclude the impacts of any new acquisitions or unusual charges.

Net sales are expected to be flat to down 4%Adjusted diluted earnings per share(1) are expected to improve sequentially throughout 2017Free cash flow(1) generation expected to be... More