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Exide (XIDE) FQ4 comes in mixed, reporting an EPS of -$0.03 on revenue of $782M. Street...

Exide (XIDE) FQ4 comes in mixed, reporting an EPS of -$0.03 on revenue of $782M. Street estimates were for an EPS of $0.08 per share on $750M in revenue. Overall losses narrowed however as the company recorded lower restructuring and impairment charges. The company spent much of FY11 contending with steep restructuring expenses, weaker-than-expected demand in some markets and higher input costs.
Comments (1)
  • 11ยข seems like a big miss. The question isn't necessarily why the miss but why Street would be led to such a disparity? Seems CEO needs to come down to Realville on his quarterly talks.
    7 Jun 2012, 06:22 PM Reply Like
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