24.09.2015 08:02:26
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Earnings Reported After The Bell Sept. 23
(RTTNews) - Here is a quick summary of the earnings reported after the bell on September 23.
Steelcase Inc. (SCS)
Q2 net income was $37.2 million or $0.30 per share, com pared to $30.5 million or $0.24 per share for the year-ago quarter.
Adjusted earnings for the second quarter were $0.35 per share, compared to $0.27 per share in the prior year quarter.
Revenue for the second quarter rose 4% to $819.0 million from $786.7 million a year ago.
Analysts expected the company to earn $0.32 per share on revenue of $796.60 million for the second quarter.
Looking forward to the third quarter, the company forecasts revenue of $800 to $820 million, earnings of $0.29 to $0.33 per share and adjusted earnings of $0.31 to $0.35 per share. Analysts currently expect the company to earn $0.32 per share on revenue of $811.60 million for the third quarter.
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A-Mark Precious Metals, Inc. (AMRK)
Q4 Net income increased 66% to $2.6 million, or $0.36 per share, from $1.5 million, or $0.21 per share, in the same year-ago quarter.
Q4 Revenues increased 3% to $1.45 billion from $1.41 billion in the same year-ago quarter
Analysts expected the company to report net income of $0.19 per share on revenues of $1.47 billion for the period.
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H.B. Fuller Co (FUL)
Q3 net earnings were $26.8 million or $0.52 per share compared with $4 million or $0.08 per share last year.
Adjusted earnings for the quarter were $0.61 per share compared with $0.42 per share a year ago.
Revenues for the quarter were slightly down at $524.1 million compared with $526.8 million in the prior year.
Analysts estimated earnings of $0.70 per share on revenues of $537.2 million for the quarter.
For the full year 2015, the company now expects adjusted earnings of $2.23 per share on revenues of about $2.08 billion. Earlier it estimated earnings of $2.45 per share on revenues of $2.1 billion.
Analysts expect earnings of $2.41 per share on revenues of $2.12 billion for 2015.
For the fourth quarter, the company expects adjusted earnings of $0.70 per share on revenues of about $540 million. Analysts expect earnings of $0.80 per share on revenues of $567.6 million.
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Worthington Industries Inc (WOR)
Q1 net earnings were $31.4 million or $0.48 per share compared with $44.2 million or $0.63 per share last year.
Adjusted earnings for the quarter were $0.54 per share compared with $0.65 per share a year ago.
Revenues for the quarter were down 12% at $758.1 million compared with $862.4 million in the prior year.
Analysts estimated earnings of $0.51 per share on revenues of $845 million for the quarter.
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