MSA Safety Inc. Q3 Profit Increases, beats estimates

(RTTNews) - MSA Safety Inc. (MSA) released earnings for its third quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $65 million, or $1.65 per share. This compares with $45 million, or $1.14 per share, in last year's third quarter.

Excluding items, MSA Safety Inc. reported adjusted earnings of $70 million or $1.78 per share for the period.

Analysts on average had expected the company to earn $1.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 17.0% to $447 million from $382 million last year.

MSA Safety Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $65 Mln. vs. $45 Mln. last year. -EPS (Q3): $1.65 vs. $1.14 last year. -Analyst Estimate: $1.46 -Revenue (Q3): $447 Mln vs. $382 Mln last year.