Measurement Specialities lowers FY08 earnings targets

Date : 01/08/2008 @ 9:16AM
Source : TFN
Stock : Measurement Speciali (MEAS)
Quote : 14.16  -0.78 (-5.22%) @ 8:00PM
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Measurement Specialities lowers FY08 earnings targets

        NEW YORK (Thomson Financial) - Measurement Specialities Inc. Tuesday lowered
its fiscal 2008 earnings guidance to between $1.15 to $1.20 a share from
previously-forecast earnings of $1.25 a share, excluding the expense associated
with revaluation of German deferred tax assets.
    The mean estimate of analysts polled by Thomson Financial for earnings of
$1.24 a share in fiscal 2008.
    Shares of the designer and manufacturer of sensors and sensor-based systems
closed Monday at $21.44.
Melinda Peer
mp/pc

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