This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Actuant's CEO Discusses Q1 2012 Results - Earnings Call Transcript

It is now my pleasure to turn the conference over to Mr. Arzbaecher. Please go ahead, sir.

Karen Bauer

Hi. It's actually Karen Bauer. Good morning, and welcome to our First Quarter Fiscal 2012 Conference Call. On the call with me today are Bob Arzbaecher, our Chief Executive Officer; Mark Goldstein, Chief Operating Officer; and Andy Lampereur, Chief Financial Officer.

I'd like to point out that our earnings release and the slide presentation supplementing today's call are available in the Investors section of our website.

And before we start, let me offer the following cautionary notes. During this call, we will be making forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Investors are cautioned that forward-looking statements are inherently uncertain, and that there are a number of factors that could cause actual results to differ materially from these statements, and these factors are outlined in our SEC filings.

[Operator Instructions] And with that, I'll turn the call over to Bob.

Robert C. Arzbaecher

Thank you, Karen. Good morning, everybody, and thank you for joining us on our first quarter earnings call. I'm very pleased with Actuant's great start for the year, with both sales and earnings solidly above our guidance. EPS of $0.50 a share represents a 39% increase and is higher than our $0.40 to $0.45 guidance range. EBITDA margins are up in all 4 segments, reflecting our continued strong operational performance.

Including the just completed quarter, Actuant has now exceeded our 2008 peaks for sales, earnings and cash flow on a trailing 12-month basis. While there is no question we face an uncertain macroeconomic environment, Actuant's diversity is again showing its benefits as demonstrated in this quarter's results and our increased earnings guidance for the year.

With that overview, I'll turn it over to Andy to go through the specifics of the quarter and we'll come back and cover a number of topics later. Andy?

2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs