Sutor Technology Group Limited Issues Q4 2011 Guidance Above Analysts' Estimates

Date:2011-09-07lile  Text Size:

Tuesday, 6 Sep 2011 08:00am EDT
Sutor Technology Group Limited announced that for the fourth quarter of 2011, it expects revenue to be $129.0 million, net income of $5.4 million and diluted earnings per share (EPS) of $0.13. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.09, net income of $3.6 million on revenues of $108.9 million for the fourth quarter of 2011.
 

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