Joy Global (JOY) Tops Q2 EPS by 1c

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Joy Global Announces Second Quarter Fiscal 2015 Operating Results and Hard Rock Mining Acquisition

June 4, 2015 6:00 AM EDT

MILWAUKEE--(BUSINESS WIRE)-- Joy Global Inc. (NYSE: JOY), a worldwide leader in high-productivity mining solutions, today reported second quarter fiscal 2015 results.

Second Quarter Summary

Bookings $745 million, down 29 percent from a year ago Service bookings $595 million, down 15 percent from a year ago Net sales $810 million, down 13 percent from a year ago Earnings per diluted share $0.40, compared to $0.73 a year ago Excluding pension settlement and restructuring charges of $24 million, adjusted earnings per diluted share $0.59, compared to $0.76 a year ago... More