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BRIEF-Ferro reports Q1 earnings per share $0.26 from continuing operations
April 25, 2017 / 9:01 PM / 8 months ago

BRIEF-Ferro reports Q1 earnings per share $0.26 from continuing operations

April 25 (Reuters) - Ferro Corp-

* Ferro reports robust first quarter 2017 performance and updates full-year guidance

* Q1 adjusted earnings per share $0.31 from continuing operations

* Q1 earnings per share $0.26 from continuing operations

* Q1 sales $320.6 million versus i/b/e/s view $300.6 million

* Q1 earnings per share view $0.25 -- Thomson Reuters I/B/E/S

* Sees FY adjusted earnings per share $1.17 to $1.22

* Sees FY sales up 8.5 to 9.5 percent

* Ferro Corp - “as we look toward remainder of 2017, we expect organic sales growth to remain in line with our prior expectations”

* Fy2017 earnings per share view $1.17, revenue view $1.24 billion -- Thomson Reuters I/B/E/S

* Ferro Corp - sees raw material headwinds to put pressure on margins consistent with original guidance for remainder of 2017

* Ferro Corp - new guidance does not include recent acquisition of spc or any additional acquisitions or divestitures in 2017 Source text for Eikon: Further company coverage:

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