Global Brass & Copper (BRSS) Reports In-Line Q4 EPS

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Go back to Global Brass & Copper (BRSS) Reports In-Line Q4 EPS

Global Brass and Copper Holdings, Inc. Reports Fourth Quarter and Full Year 2018 Results

February 28, 2019 4:19 PM EST

Fourth Quarter Highlights

Volume of 131.1 million pounds, a 3% year-over-year increase;Net income increased 18% to $6.6 million and diluted earnings per common share increased 16% to $0.29;Adjusted EBITDA decreased 14% to $25.3 million year-over-year;Adjusted diluted earnings per common share increased 87% to $0.56; andThe Company repurchased 400,000 shares of its stock for a total price of $12.6 million.

Full Year Highlights

Volume of 564.6 million pounds, an increase of 11% year-over-year;Net income increased 14% to $58.2 million and diluted earnings per common share increased by 13% to $2.61;The... More