A. M. Castle & Co. Q2 Loss Widens - Quick Facts

(RTTNews) - A. M. Castle & Co. (CAS) reported that its second-quarter net loss widened to $3.8 million, or $0.16 per share, compared to a loss of $3.0 million, or $0.13 per share, prior year. Adjusted net income was $0.4 million, or $0.02 per share for the quarter.

On average, five analysts polled by Thomson Reuters expected the company to report a loss of $0.09 per share for the quarter. Analysts' estimates typically exclude special items.

Consolidated net sales were $273.4 million, compared to $329.4 million last year. Analysts expected revenue of $300.00 million for the quarter.