02.05.2017 14:28:18
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Standex International Corp Q3 Income Advances 6%
(RTTNews) - Standex International Corp (SXI) released earnings for its third quarter that gained ground compared to the same period last year.
The company said its bottom line came in at $12.39 million, or $0.98 per share. This was up from $11.68 million, or $0.92 per share, in last year's third quarter.
Analysts had expected the company to earn $1.10 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 4.1% to $184.72 million. This was up from $177.47 million last year.
Standex International Corp earnings at a glance:
-Earnings (Q3): $12.39 Mln. vs. $11.68 Mln. last year. -Earnings Growth (Y-o-Y): 6.1% -EPS (Q3): $0.98 vs. $0.92 last year. -EPS Growth (Y-o-Y): 6.5% -Analysts Estimate: $1.10 -Revenue (Q3): $184.72 Mln vs. $177.47 Mln last year. -Revenue Change (Y-o-Y): 4.1%
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