logo
Share SHARE
FONT-SIZE Plus   Neg

A.M. Castle Q4 Loss Widens - Quick Facts

A.M. Castle & Co. (CAS) Thursday posted a wider fourth-quarter loss of $12.0 million, or a loss of $0.52 per share, compared to last year's loss of $1.5 million, or a loss of $0.07 per share. Adjusted earnings in the recent quarter were $784 thousand, or $0.03 per share.

Four analysts polled by Thomson Reuters estimated earnings of $0.12 per share. Analysts' estimates usually exclude special items.

Quarterly net sales jumped to $282.2 million from $235.6 million, with the Metals segment sales rising 20.4 percent and the Plastics segment registering a 14.1 percent revenue growth. Four analysts polled by Thomson Reuters estimated revenues of $270.58 million.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Poultry giant Sanderson Farms has blamed the national anthem protests in National Football League for its lower sales for the fourth-quarter and full year. Sanderson Farms, which is one of the biggest chicken providers in the US, said that NFL protests involving players taking a knee during the national... Amazon would reportedly sell Google's Chromecast streaming adapter for this Christmas. The online retailer giant has banned the product from its site for the last two years and has presumably settle the issues. Though the product is not available for sale, it has listed 4K-capable Chromecast Ultra adapter. Europe's no-frills airline Ryanair recognized pilot union for a smooth holiday season ahead. The airline had a discussion with its pilots union in Britain, Germany, Italy, Spain, Ireland, Portugal to iron out the issues. The pilots working for Ryanair have been enjoying different status and many of them were reportedly not in the rolls as full timers.
comments powered by Disqus
Follow RTT