logo
Share SHARE
FONT-SIZE Plus   Neg

Clarcor Q1 Profit Rises; Confirms FY12 EPS View - Quick Facts

Clarcor Inc. (CLC) reported that its first-quarter net earnings attributable to the company rose to $23.48 million or $0.46 per share, from $21.88 million or $0.43 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.47 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter rose to $257.26 million from $245.72 million in the prior year quarter. Four analysts had consensus revenue estimate of $267.93 million for the quarter.

The company confirmed its 2012 earnings guidance in a range of $2.55 to $2.70 per share. Analysts expect the company to report earnings of $2.68 per share for fiscal 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Senate Republicans released a draft of their version of legislation to repeal and replace Obamacare on Thursday, with a vote on the 142-page bill expected as soon as next week. The bill, called the Better Care Reconciliation Act, repeals Obamacare's individual and employer mandates as well as the... A local cable and broadband provider in Texas has filed a lawsuit against Comcast Corp., alleging that the cable giant and its contractors drove it out of business by severing its business cable lines after it rejected Comcast's buyout offer. The lawsuit was filed last week in Harris County, Texas, court by Anthony Luna, owner of Telecom Cable LLC. John Oliver, the host of HBO's Sunday Show "Last Week Tonight," HBO and Time Warner have been sued by coal baron Robert Murray for mocking him and his coal company on the show's most recent episode. Murray had previously sent the show its first cease-and-desist letter.
comments powered by Disqus
Follow RTT