Briggs & Stratton Earnings Rise 1% In Q3

(RTTNews) - Briggs & Stratton (BGG) announced a profit for its third quarter that rose compared to the same period last year.

The company said its bottom line came in at $35.32 million, or $0.83 per share. This was up from $34.94 million, or $0.80 per share, in last year's third quarter.

Analysts had expected the company to earn $0.82 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.1% to $596.97 million. This was down from $603.75 million last year.

Briggs & Stratton earnings at a glance:

-Earnings (Q3): $35.32 Mln. vs. $34.94 Mln. last year. -Earnings Growth (Y-o-Y): 1.1% -EPS (Q3): $0.83 vs. $0.80 last year. -EPS Growth (Y-o-Y): 3.7% -Analysts Estimate: $0.82 -Revenue (Q3): $596.97 Mln vs. $603.75 Mln last year. -Revenue Change (Y-o-Y): -1.1%

-Guidance: Full year EPS guidance: $1.31 to $1.46 Full year revenue guidance: $1.86 - $1.90 Bln