The Eastern Co (EML) Reports Q2 EPS of $0.09
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July 29, 2015 3:56 PM EDT
NAUGATUCK, Conn.--(BUSINESS WIRE)--
The Eastern Company (NASDAQ: EML) today announced the declaration of its
regular quarterly cash dividend of eleven cents ($0.11) per share,
payable September 15, 2015, to common shareholders of record as of
August 19, 2015.
Mr. Leganza commented, In line with our on-going practice of enhancing
shareholder value and reflecting the confidence we have in our business
plans looking to the future we are very proud to declare this dividend
which represents the... More
July 29, 2015 3:31 PM EDT
NAUGATUCK, Conn.--(BUSINESS WIRE)--
The Eastern Company (NASDAQ-EML) today announced the results of its
operations for the second quarter and six months of 2015. Sales for the
quarter were $37.0 million, compared to $34.8 million for the same
period in 2014, a 7% increase, while net income was $585,000 or $0.09
per diluted share, compared to the $1.7 million or $0.27 per diluted
share, reported in the second quarter of 2014.
Net sales for the six months of 2015 were $73.9 million compared to
$70.6 million for the first six months of 2014, a 5% increase. For the
six month period ended July 4, 2015 net income was $1.5 million or $0.23
per diluted share,... More
