More on Joy Global (JOY) FQ4 earnings: Legacy business bookings off 14.5% Y/Y. "The outlook for...

|About: Joy Global Inc. (JOY)|By:, SA News Editor

More on Joy Global (JOY) FQ4 earnings: Legacy business bookings off 14.5% Y/Y. "The outlook for the company's mining equipment remains weak for now ... the company's customers have experienced reduced cash flow ... only the highest quality, lowest cost mines can justify investment." FY2013 EPS expected at $5.90-$6.50 on revenue of $4.9B-$5.2B. Shares +1% premarket. (PR, these guys like to talk).