Welbilt Reports First Quarter Operating Results
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Welbilt (WBT) Reports In-Line Q1 EPS, Revenues Beat
May 5, 2020 6:08 AM UTCWelbilt (NYSE: WBT) reported Q1 EPS of $0.01, in-line with the analyst estimate of $0.01. Revenue for the quarter came in at $328.9 million versus the consensus estimate of $323.45 million.
2020 First Quarter Highlights (1)
Net sales were $328.9 million, a decrease of 12.4 percent from the prior year; Organic Net Sales decreased 11.6 percentEarnings from operations were $0.6 million compared to $24.5 million in the prior year; as a... More