Universal Stainless & Alloy (USAP) Tops Q1 EPS by 6c, Guides for Q2
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Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) reports Q1 EPS of $0.70, 6 cents better than estimates. Revenues were $56.8 million vs. $52.75 million consensus.
The Company estimates that sales for the second quarter of 2008 will range from $55 to $60 million and that diluted EPS will range from $0.70 to $0.75. (Q2 revenue consensus is $54.55 million and EPS consensus is $0.70)
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