Marine Products Corporation Reports Third Quarter 2018 Financial Results

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Marine Products (MPX) Tops Q3 EPS by 3c, Revenues Beat

October 24, 2018 6:48 AM EDT

Marine Products (NYSE: MPX) reported Q3 EPS of $0.21, $0.03 better than the analyst estimate of $0.18. Revenue for the quarter came in at $72.01 million versus the consensus estimate of $67.66 million.

Richard A. Hubbell, Marine Products' President and Chief Executive Officer stated, "Our results during the third quarter of 2018 were driven by a model mix which included larger boats, such as our larger Chaparral 277 and 347 SSX models, as well as... More