Milacron Holdings Corp. (MCRN) Tops Q1 EPS by 1c, Beats on Revenues

Milacron Holdings Corp. (NYSE: MCRN) reported Q1 EPS of $0.40, $0.01 better than the analyst estimate of $0.39. Revenue for the quarter came in at $310.4 million versus the consensus estimate of $298.15 million.

2018 First Quarter Overview

• Sales of $310.4 million increased 8.8% on an as-reported basis and 3.3% on a constant currency basis
• Orders of $325.1 million decreased 0.4% on an as-reported basis and 5.1% on a constant currency basis
• Operating earnings (GAAP) increased 15.5% to $23.1 million; Adjusted EBITDA (non-GAAP) increased 10.8% to $55.4 million
• Diluted EPS (GAAP) of $0.08; Diluted adjusted EPS (non-GAAP) increased 25.0% to $0.40
• Cash flow from operations of $7.6 million increased $16.3 million, driving free cash flow of $8.3 million, a $26.2 million increase versus $(17.9) million from the prior year

For earnings history and earnings-related data on Milacron Holdings Corp. (MCRN) click here.

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