Q: Your thoughts please on the quarter?
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5i Research Answer:
EPS was $1.02 vs $1.00 estimates; revenue of $1.81B beat estimates of $1.76B. EBITDA of $361.6M beat estimates by 1.25%.The dividend was raised 10%. Several brokers raised target prices on the quarter, which we would consider a solid performance. Sales increased 9%, with 6.8% organic growth. Operating income rose 5.1%.