Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Met-Pro Q4 Profit Rises, In Line With Estimates

Pollution control solutions provider Met-Pro Corp. (MPR: Quote) fourth-quarter net income of $2.1 million or $0.15 per share, up from last year's $1.8 million or $0.12 per share last year.

On average, 3 analysts polled by Thomson Reuters expected the company to earn $0.15 per share for the quarter. Analysts' estimates typically excludes one-time items.

Net sales for the quarter increased to $28.4 million from $23.8 million last year. Analysts expected revenues of $27.18 million for the quarter.

Click here to receive FREE breaking news email alerts for Met-Pro Corp and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
After reporting four consecutive monthly increases, the National Association of Realtors released a report on Monday showing an unexpected drop in U.S. existing home sales in the month of August. NAR said existing home sales fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million in August. The European Central Bank remains ready to use additional unconventional tools to counter risks to the inflation outlook and to boost the euro area economy, ECB President Mario Draghi said on Monday. "The Governing Council remains fully determined to counter risks to the medium-term outlook for inflation," Draghi said in Brussels. Stocks have moved to the downside in early trading on Monday, giving back some ground after moving mostly higher last week. The major averages have all dipped into negative territory, although selling pressure has remained somewhat subdued.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.