Ferro Corp. (FOE) Misses Q2 EPS by 4c, Guides Below Street Views

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Go back to Ferro Corp. (FOE) Misses Q2 EPS by 4c, Guides Below Street Views

Ferro Reports Second Quarter Adjusted Earnings from Continuing Operations of $0.20 Per Share

July 29, 2015 4:05 PM EDT

Value-Added Sales Increase 5% on a Constant Currency Basis Adjusted Operating Profit Increases 16% on a Constant Currency Basis Profitability Metrics Continue to Improve: Adjusted Gross Profit Margin Increases to 30.3% from 27.8% Adjusted EBITDA Margin Improves to 14.5% from 13.8% Full-Year 2015 Adjusted EPS Guidance Reduced to $0.82 - $0.87 Based on Reduced Sales Expectations for Performance Coatings Segment in Emerging Markets The Board of Directors Authorizes the Repurchase of up to $25 Million of Companys Common... More