Global Brass & Copper (BRSS) Reports In-Line Q3 EPS

Go back to Global Brass & Copper (BRSS) Reports In-Line Q3 EPS

Global Brass and Copper Holdings, Inc. Reports Third Quarter 2018 Financial Results

November 1, 2018 4:12 PM EDT

Highlights

Volume of 142.2 million pounds, an increase of 19.1% year-over-year; Net income and diluted earnings per common share increased $2.5 million to $14.8 million and $0.10 per share to $0.66 per share, respectively; Third quarter 2018 earnings include Alumet, which we acquired on November 1, 2017; Adjusted EBITDA decreased $0.5 million to $29.6 million year-over-year; Adjusted diluted earnings per common share increased to $0.77 from $0.64 in the prior year period; The Company declares a quarterly dividend of $0.09 per share; and The Company... More