Global Brass & Copper (BRSS) Tops Q4 EPS by 5c, Offers FY15 Guidance

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Global Brass and Copper Holdings, Inc. Reports Fourth Quarter and Year-End 2014 Financial Results

March 9, 2015 5:31 PM EDT

Fourth Quarter Highlights

Volume of 119.6 million pounds, a decrease of 1.2% year-over-year; Adjusted sales of $127.1 million, a decrease of 0.5% year-over-year; Adjusted EBITDA of $21.0 million, a decrease of 0.5% year-over year; Adjusted diluted earnings per common share of $0.28 versus $0.25 in the prior year period; Net sales of $390.3 million, a decrease of 5.5% year-over-year; and Net income attributable to GBC of $2.8 million, or $0.13 per diluted share, versus net income of $6.2 million, or $0.29 per diluted share, in the prior year period.

Full Year Highlights

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