Briggs & Stratton (BGG – Snapshot Report) just released their second quarter fiscal 2016 earnings results, posting an earnings beat of $0.34 but a revenue miss of $413 million.

Currently, BGG has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Briggs & Stratton:

1. Beat earnings estimates. The company posted $0.34, surpassing our Zacks Consensus Estimate of $0.19. This number excludes $0.06 from non-recurring items.

2. Missed revenue estimates. The company saw revenue figures of $413 million, missing our estimate of $434 million and declining -7.0% on a year-over-year basis.

3. Second quarter fiscal 2016 consolidated net income was $12.6 million compared to the net income of $6.9 million in the second quarter of fiscal 2015.

4. “We are pleased to report improved quarterly results with continued margin improvements in both our engines and products businesses. These improvements reflect our focus on selling higher margin products as well as our focus on improving our operations,” commented Todd J. Teske, Chairman, President and Chief Executive Officer.

5. BGG was down $0.02, or 0.12%, to $16.74 as of 5:36 PM ET in after hours trading shortly after its earnings report was released.

Here’s a graph that looks at Briggs & Stratton’s quarterly reported EPS:

Briggs & Stratton Corporation (BGG – Snapshot Report) Quarterly Reported EPS | FindTheCompany

Briggs & Stratton is one of the world’s largest producers of air cooled gasoline engines for outdoor power equipment. The company designs, manufactures, markets, and provides service for these products for original equipment manufacturers worldwide; its engines are primarily aluminum alloy gasoline engines. Briggs & Stratton was founded in 1908 and is headquartered in Wauwatosa, Wisconsin.

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