MSA Safety Inc. Q2 adjusted earnings Miss Estimates

(RTTNews) - MSA Safety Inc. (MSA) reported a profit for its second quarter that rose from last year.

The company's earnings came in at $33.18 million, or $0.85 per share. This compares with $12.53 million, or $0.32 per share, in last year's second quarter.

Excluding items, MSA Safety Inc. reported adjusted earnings of $41.47 million or $1.07 per share for the period.

Analysts had expected the company to earn $1.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 17.5% to $339.33 million from $288.77 million last year.

MSA Safety Inc. earnings at a glance:

-Earnings (Q2): $41.47 Mln. vs. $33.07 Mln. last year. -EPS (Q2): $1.07 vs. $0.85 last year. -Analysts Estimate: $1.11 -Revenue (Q2): $339.33 Mln vs. $288.77 Mln last year.