Bemis Company, Inc. (BMS)

[fuzzy]

7:06 am Bemis beats by $0.01, misses on revs; guides Q3 EPS in-line; guides FY14 EPS in-line (BMS) : Reports Q2 (Jun) earnings of $0.65 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus Estimate of $0.64; revenues fell 4.3% year/year to $1.24 bln vs the $1.28 bln consensus.


•Co revises low end of in-line guidance for Q3, sees EPS of $0.65-0.70 vs. $0.66 Capital IQ Consensus Estimate, prior guidance $2.40-2.55.
•Co issues in-line guidance for FY14, sees EPS of $2.45-2.55 vs. $2.47 Capital IQ Consensus Estimate.