Gardner Denver Q4 and 2012 Results Slip

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

The quarterly numbers at Gardner Denver (UNKNOWN: GDI.DL  ) took a slide, as its just-released Q4 and 2012 results reveal. For the quarter, sales totaled just under $590 million, 4% lower than the $614 million of the same period the previous year. Attributable net profit came in at $69 million ($1.40 per diluted share), an 11% drop from the $77 million ($1.52) of Q4 2011.

For the full year, revenues were $2.36 billion, against 2011's $2.37 billion. The attributable bottom line slipped by 5% on a year-over-year basis, to $263 million ($5.28 diluted EPS) from the previous year's $278 million ($5.33).

Gardner Denver also provided guidance for its current quarter and the entirety of fiscal 2013. It expects diluted EPS to come in at $0.90-$1.00 in Q1, and within a range of $4.25-$4.50 for the full year.

The company is currently the subject of a $75-per share buyout bid by private equity concern KKR (NYSE: KKR  ) , The Wall Street Journal has reported. Late last year, Gardner Denver launched talks with a series of potential investors regarding a sale. According to the Journal, KKR is the only interested party remaining.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2273030, ~/Articles/ArticleHandler.aspx, 9/28/2016 5:09:53 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,339.24 110.94 0.61%
S&P 500 2,171.37 11.44 0.53%
NASD 5,318.55 12.84 0.24%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

12/31/1969 7:00 PM
GDI.DL $0.00 Down +0.00 +0.00%
Gardner Denver CAPS Rating: ****
KKR $14.14 Up +0.13 +0.93%
KKR and Co. CAPS Rating: ****