Welbilt Reports First Quarter Operating Results

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Go back to Welbilt Reports First Quarter Operating Results

Welbilt (WBT) Reports In-Line Q1 EPS, Revenues Beat

May 5, 2020 6:08 AM EDT

Welbilt (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