Sun Hydraulics Co. (SNHY) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.22-0.24 for the period, compared to the Thomson Reuters consensus estimate of $0.32.

Sun Hydraulics Co. (SNHY) traded down 1.68% on Monday, hitting $25.80. Sun Hydraulics Co. (SNHY) has a 52-week low of $20.81 and a 52-week high of $33.65. The company has a market cap of $670.5 million and a price-to-earnings ratio of 17.25.

Sun Hydraulics last posted its quarterly earnings results on Monday, November 5th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.02. The company had revenue of $48.80 million for the quarter, compared to the consensus estimate of $48.74 million. During the same quarter in 2011, the company posted $0.44 earnings per share. Sun Hydraulics’s revenue was down 7.9% compared to the same quarter last year. On average, analysts predict that Sun Hydraulics Co. (SNHY) will post $1.53 earnings per share for the current fiscal year.

Sun Hydraulics Corporation designs and manufactures screw-in hydraulic cartridge valves, manifolds and integrated packages for sale to international markets.

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