April 5, 2012 / 8:52 PM / in 6 years

UPDATE 1-WD-40 2nd-qtr beats, sees strong FY

* Q2 EPS $0.65 vs est. $0.54

* Q2 sales $86 mln vs est. $85.3 mln

* Sees FY12 EPS $2.33-$2.45 vs est. $2.30

* Sees FY12 sales $353 mln-$370 mln vs est $357.4 mln

* Shares up 3 pct in after-mkt trade

April 5 (Reuters) - WD-40 Company posted second-quarter results that beat Wall Street expectations helped by higher sales in its Americas region, as well as lower advertising and promotions, and the consumer products maker forecast a strong 2012.

WD-40, which makes household lubricants and cleaning products, forecast full-year 2012 earnings of $2.33 per share to $2.45 per share on net sales of $353 million to $370 million.

Analysts, on average, were expecting earnings of $2.30 a share on revenue of $357.4 million, according to Thomson Reuters I/B/E/S.

Second-quarter net income rose to $10.6 million, or 65 cents a share, from $9.1 million, or 53 cents a share, last year.

Net sales rose 9 percent to $86 million, with those in the Americas segment growing 21 percent to $46 million.

Analysts, on average, were expecting earnings of 54 cents a share on revenue of $85.3 million.

Shares of the San Diego-based company were up 3 percent in extended trading. They had closed at $44.78 on Thursday on the Nasdaq.

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