FLS: Better Finish, But Lower Guide
|Date:||February 16, 2017|
|Authors:||John Walsh, Jeffrey T. Sprague|
|Rating:||Hold (at time of publication)|
|Vertical:||Electrical Equipment & Multi-Industry|
|Price Target:||$ 48.00 (at time of publication)|
Q4 OP Beat – FLS reported Q4 adjusted EPS of $0.72 versus our $0.58 estimate, consensus of $0.64 and the implied guidance range of $0.58-$0.78...