Ampco-Pittsburgh (AP) Tops Q4 EPS by 7c
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Ampco-Pittsburgh Corporation (NYSE: AP) Announces Fourth Quarter and Full Year 2020 Results
March 18, 2021 8:12 AM EDTCorporation reports EPS of $0.12 per share for Q4 2020, sequentially higher than Q3 2020. Full year 2020 EPS of $0.56 per share versus $(1.67) loss in full year 2019. First full year of profitability since 2015 despite impact of COVID-19. Capitalization significantly improved from 2019. Total debt reduced by $33.6 million or 47% from December 31, 2019.
CARNEGIE, Pa.--(BUSINESS WIRE)-- Ampco-Pittsburgh Corporation (NYSE: AP) (the "Corporation" or Ampco-Pittsburgh) reported net income for the three and twelve months ended December 31, 2020, of $2.2 million, or $0.12 per common share, and $8.0 million, or $0.56 per common share, respectively. By comparison,... More
