More on Ferro (FOE): Q4 misses both EPS and revenue estimates. Revenue declined 17% Y/Y, as...

|About: Ferro Corporation (FOE)|By:, SA News Editor

More on Ferro (FOE): Q4 misses both EPS and revenue estimates. Revenue declined 17% Y/Y, as demand for conductive pastes used in solar cells declined, resulting in significant booking reductions by its customers. The company also lowers FY12 guidance, now expecting its EPS to be $0.40 - $0.65, below the Street view of $0.68. Shares -1.9% AH.