Standex International Corp Reports 5% Advance In Q2 Earnings

(RTTNews) - Standex International Corp (SXI) revealed earnings for its second quarter that advanced compared to the same period last year.

The company said its bottom line totaled $13.14 million, or $1.02 per share. This was up from $12.50 million, or $0.97 per share, in last year's second quarter.

Analysts had expected the company to earn $1.00 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 3.9% to $181.95 million. This was down from $189.34 million last year.

Standex International Corp earnings at a glance:

-Earnings (Q2): $13.14 Mln. vs. $12.50 Mln. last year. -Earnings Growth (Y-o-Y): 5.1% -EPS (Q2): $1.02 vs. $0.97 last year. -EPS Growth (Y-o-Y): 5.2% -Analysts Estimate: $1.00 -Revenue (Q2): $181.95 Mln vs. $189.34 Mln last year. -Revenue Change (Y-o-Y): -3.9%