Actuant 3Q Earnings Pregame Scorecard

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Last quarter Actuant Corporation beat estimates by 6 cents per share and it is up again on Wednesday, June 20, 2012.

Expectations

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Analysts currently expect Actuant to come in with earnings of 59 cents per share on revenues of $429.2 million. Analyst estimates range from 57 cents per share to 60 cents per share. Over the past three months, the average estimate has moved up from 58 cents.

Last Quarter's Results

In the second quarter, profit rose more than fourfold to $32.2 million (43 cents a share) from $7.9 million (11 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 14.3% to $378 million from $330.7 million.

Stock Ratings

Analysts are bullish on the stock as eight analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Stock Movement

The stock fell $1.99 per share between April 3, 2012 and April 10, 2012. Looking at change over the last three months, March 19, 2012 and June 13, 2012, the stock price fell $3.01 (-10.4%), from $29.05 to $26.04.

Company Fundamental Trends

Summary

Reporting Period: 3Q

Date of Release: Wednesday, June 20, 2012 before market open

EPS: 59 cents

Revenue Estimate: $429.2 million