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OFFON

WELBILT, INC.

(WBT)
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Welbilt: Q3 Earnings Snapshot

11/02/2021 | 05:09am EST

NEW PORT RICHEY, Fla. (AP) _ Welbilt Inc. (WBT) on Tuesday reported third-quarter earnings of $24.9 million.

The New Port Richey, Florida-based company said it had net income of 17 cents per share. Earnings, adjusted for non-recurring costs, came to 21 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The food and beverage equipment maker posted revenue of $411.5 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $388.7 million.

Welbilt expects full-year revenue of $1.48 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WBT at https://www.zacks.com/ap/WBT

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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Analyst Recommendations on WELBILT, INC.
More recommendations
Financials (USD)
Sales 2021 1 507 M - -
Net income 2021 81,3 M - -
Net Debt 2021 - - -
P/E ratio 2021 43,1x
Yield 2021 -
Capitalization 3 372 M 3 372 M -
Capi. / Sales 2021 2,24x
Capi. / Sales 2022 2,05x
Nbr of Employees 4 400
Free-Float 99,4%
Chart WELBILT, INC.
Duration : Period :
Welbilt, Inc. Technical Analysis Chart | WBT | US9490901041 | MarketScreener
Technical analysis trends WELBILT, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Last Close Price 23,70 $
Average target price 24,00 $
Spread / Average Target 1,27%
EPS Revisions
Managers and Directors
William C. Johnson President, Chief Executive Officer & Director
Martin D. Agard Chief Financial Officer & Executive Vice President
Cynthia M. Egnotovich Chairman
Dino J. Bianco Independent Director
Joan Kai Chow Independent Director
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