By: Benzinga
Actuant Tops Earnings Estimates, Drops on Guidance
Actuant Corporation (NYSE: ATU ) has topped earnings estimates, but has issued lower-than-expected guidance for the third quarter and full year. The Menomonee Falls, Wisconsin-based firm's second quarter EPS declined 12 percent year-over-year, finishing at $0.38. However, it surpassed the Wall Street consensus of $0.37 per share. Revenue
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