Briggs & Stratton Reveals 1% Gain In Q2 Earnings

(RTTNews) - Briggs & Stratton (BGG) reported earnings for its second quarter that gained ground from last year.

The company said its bottom line advanced to $15.25 million, or $0.35 per share. This was up from $15.14 million, or $0.34 per share, in last year's second quarter.

Analysts had expected the company to earn $0.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.6% to $428.24 million. This was up from $413.38 million last year.

Briggs & Stratton earnings at a glance:

-Earnings (Q2): $15.25 Mln. vs. $15.14 Mln. last year. -Earnings Growth (Y-o-Y): 0.7% -EPS (Q2): $0.35 vs. $0.34 last year. -EPS Growth (Y-o-Y): 2.9% -Analysts Estimate: $0.28 -Revenue (Q2): $428.24 Mln vs. $413.38 Mln last year. -Revenue Change (Y-o-Y): 3.6%

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