Omega Protein (OME) Tops Q2 EPS by 19c

Omega Protein (NYSE: OME) reported Q2 EPS of $0.43, $0.19 better than the analyst estimate of $0.24. Revenue for the quarter came in at $93.2 million versus the consensus estimate of $84.99 million.

"Both of our animal and human nutrition segments performed well in the quarter, driving solid growth in consolidated revenues and earnings over the prior year period," commented Bret Scholtes, Omega Protein's President and Chief Executive Officer. "We are encouraged by our strong season-to-date fish catch and fish meal production, which have helped to mitigate the impact of lower fish oil yields in our animal nutrition business. Our human nutrition business continued its recent trend of quarter-over-quarter improvements, and after adjusting for deferred acquisition related costs, returned to positive operating margins. As we enter the second half of 2015, we continue to focus on integrating our businesses to build a stronger, more balanced company that will drive increased value for shareholders."

For earnings history and earnings-related data on Omega Protein (OME) click here.

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