Omega Protein (OME) Misses Q3 EPS by 18c, Miss on Revenues

Omega Protein (NYSE: OME) reported Q3 EPS of $0.09, $0.18 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $90.3 million versus the consensus estimate of $97.21 million.

Third Quarter 2017 Highlights

• Revenues: $90.3 million, compared to $108.8 million in the same period a year ago
• Gross profit margin: 15.3%, compared to 30.4% in the same period a year ago
• Net income: $0.9 million, or $2.0 million on an adjusted basis, compared to $14.6 million, or $15.4 million on an adjusted basis, in the same period a year ago
• Earnings per diluted share: $0.04, or $0.09 on an adjusted basis, compared to $0.64, or $0.68 on an adjusted basis, in the same period a year ago
• Adjusted EBITDA: $9.7 million, compared to $29.4 million in the same period a year ago

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

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