Elster Group SE (ELT) posted second-quarter net income attributable to Elster of $19.2 million or $0.68 per share versus $14.4 million or $0.51 per share last year.
Earnings per ADS rose to $0.17 from $0.13 last year. Non-GAAP earnings per ADS were $0.24 versus $0.27 in the prior-year quarter.
On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $0.27 per share. Analysts' estimates typically exclude special items.
Revenues declined to $463.4 million from $486.7 million last year. Analysts expected revenues of $472.56 million.
The decrease in revenues were driven by currency translation as revenues increased 2.2 percent on a constant currency basis.
Elster reaffirmed the full-year 2012 outlook it provided in February 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.