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
Oreo, the popular two chocolate wafers with a sweet crème filling in between has now got a new look. With about half the width of the regular Oreo, the new Oreo Thins will be thinner and slightly reduced in calorie. It will be available from July 13 with no change in its cookie taste and price tag. The Justice Department has initiated a probe to find out if airlines are colluding to limit seating capacity in order to benefit from higher airfares. Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has pledged to give away his entire wealth amounting to $32 billion for charity. He said the fund will be utilized for cultural understanding, develop communities, empower women, enable youth, provide vital disaster relief and create a more tolerant and accepting world.
comments powered by Disqus
RELATED NEWS
Trade CLC now with 
Follow RTT