Wolverine beats by $0.03, misses on revs; guides FY08 EPS in-line, reaffirms FY08 revs guidance

Briefing.com

Posted: 2008-04-16 06:42:47

Reports Q1 (Mar) earnings of $0.46 per share, $0.03 better than the First Call consensus of $0.43; revenues rose 2.5% year/year to $288.2 mln vs the $291.3 mln consensus. Co issues guidance for FY08, sees EPS of $1.83-1.90, compared to previous guidance of $1.80-1.88, vs. $1.88 consensus; reaffirms FY08 revs of $1.230-1.260 bln vs. $1.26 bln consensus.