WD-40 Co Q2 Profit Advances, Beats Estimates

WD-40 Co (WDFC) released earnings for its second quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $29.85 million, or $2.19 per share. This compares with $15.54 million, or $1.14 per share, last year.

Analysts on average had expected the company to earn $1.42 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 5.0% to $146.10 million from $139.11 million last year.

WD-40 Co earnings at a glance (GAAP) :

-Earnings: $29.85 Mln. vs. $15.54 Mln. last year.
-EPS: $2.19 vs. $1.14 last year.
-Revenue: $146.10 Mln vs. $139.11 Mln last year.

-Guidance:
Full year EPS guidance: $5.25 - $5.55
Full year revenue guidance: $600 - $630 Mln

by RTTNews Staff Writer

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