Anixter International Inc Reports Q2 2019 Results [Reuters]
ANIXTER INTL (AXE)
Last anixter intl earnings: 4/28 06:30 am
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US:NYSE Investor Relations:
investors.anixter.com/home/default.aspx
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Source: Reuters
Anixter International Inc (AXE.N) Key Developments | Reuters.com July 25 (Reuters) - Anixter International Inc ::. REPORTS SECOND QUARTER 2019 DILUTED EPS OF $1.86 AND ADJUSTED DILUTED EPS OF $2.05, UP 34%.Q2 ADJUSTED EARNINGS PER SHARE $2.05.Q2 SALES $2.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.23 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $1.56 -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE $1.86.QTRLY ORGANIC SALES GROWTH OF 6.0%.INCREASING LOWER END OF OUR FULL YEAR 2019 SALES OUTLOOK FROM 3.5% TO 4%, WHILE REAFFIRMING UPPER END OF RANGE AT 6%.AFTER ADJUSTING FOR COPPER AND FOREIGN EXCHANGE, 2019 ORGANIC SALES GROWTH OUTLOOK IS 4.5% - 6.5%.SEES Q3 SALES GROWTH IS 2.0% - 4.0%, OR ORGANIC GROWTH OF 2.5% - 4.5%.ANIXTER INTERNATIONAL - REAFFIRM PREVIOUS ESTIMATE FOR FY CASH FLOW FROM OPERATIONS OF $150 MILLION - $175 MILLION AND CAPEX OF $55 MILLION - $60 MILLION.FY2019 REVENUE VIEW $8.83 BILLION -- REFINITIV IBES DATA.Q3 REVENUE VIEW $2.24 BILLION -- REFINITIV IBES DATA.ANIXTER INTERN
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