Ferro Corp. (FOE) Misses Q3 EPS by 3c
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Ferro Reports Third Quarter 2018 Results
November 8, 2018 4:31 PM ESTStrong Organic Growth and Momentum toward Vision 2020 Continues
Third Quarter Financial and Operating Highlights *:
Net Sales increased 12.9% to $395.2 million Organic sales grew 7.3% on a constant currency basis GAAP EPS declined 29.6% to $0.19, while Adjusted EPS improved 12.1% to $0.37 Cash flows from operating activities expanded 267% to $73.4 million Adjusted Free Cash Flow expanded 280% to $79.1 million $27.5 million of common stock repurchased from the beginning of 2018 through November 7. Board has authorized an additional $50 million repurchase... More