Marine Products (MPX) Raises Quarterly Dividend 20% to $0.12; 2.8% Yield
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Marine Products (MPX) Misses Q4 EPS by 5c
January 23, 2019 6:50 AM ESTMarine Products (NYSE: MPX) reported Q4 EPS of $0.14, $0.05 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $62.06 million versus the consensus estimate of $70.42 million.
Richard A. Hubbell, Marine Products' President and Chief Executive Officer stated, "The U.S. recreational boat market continued to be strong through the end of 2018, as the economy remains solid and our customers continue to be excited about our products. Marine Products' U.S. domestic sales declined... More
