MSA Announces Second Quarter Results
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MSA Safety Inc (MSA) Tops Q2 EPS by 4c, Revenues Miss
July 24, 2019 4:46 PM EDTMSA Safety Inc (NYSE: MSA) reported Q2 EPS of $1.22, $0.04 better than the analyst estimate of $1.18. Revenue for the quarter came in at $350 million versus the consensus estimate of $351.75 million.
Revenue was $350 million, increasing 3 percent from a year ago on a reported basis and 5 percent on a constant currency basis.GAAP operating income increased 16 percent to $54 million or 15.6 percent of sales, compared to $47 million or 13.8 percent of sales in the same period a year ago. Adjusted operating income increased 11 percent to $64 million or 18.4 percent of sales, compared to $58 million... More