MSA Safety Inc. Profit Drops 11% In Q4

(RTTNews) - MSA Safety Inc. (MSA) revealed earnings for fourth quarter that retreated compared to the same period last year.

The company said its earnings fell to $31.56 million, or $0.84 per share. This was lower than $35.27 million, or $0.93 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.68 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.7% to $313.32 million. This was up from $311.19 million last year.

MSA Safety Inc. earnings at a glance:

-Earnings (Q4): $31.56 Mln. vs. $35.27 Mln. last year. -Earnings Decline (Y-o-Y): -10.5% -EPS (Q4): $0.84 vs. $0.93 last year. -EPS Decline (Y-o-Y): -9.7% -Analysts Estimate: $0.68 -Revenue (Q4): $313.32 Mln vs. $311.19 Mln last year. -Revenue Change (Y-o-Y): 0.7%