MSA Safety Announces Second Quarter Results

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MSA Safety Inc (MSA) Tops Q2 EPS by 16c

July 29, 2020 4:59 PM EDT

MSA Safety Inc (NYSE: MSA) reported Q2 EPS of $1.11, $0.16 better than the analyst estimate of $0.95. Revenue for the quarter came in at $314 million versus the consensus estimate of $314.23 million.

Quarterly Highlights

Revenue was $314 million, decreasing 10 percent from a year ago on a reported basis and 8 percent on a constant currency basis.GAAP operating income was $48 million or 15.4 percent of sales, compared to $54 million or 15.6 percent of sales in the same period a year ago. Adjusted operating income was $59 million or 18.7 percent of sales, compared to $64 million or 18.4 percent... More