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Met-Pro Q4 Profit Rises - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Met-Pro Corp. (MPR) reported that its net income for the fourth quarter of fiscal 2013 totaled $2.4 million, or $0.16 per share, compared with net income of $2.1 million, or $0.15 per share, for the same period last year.

Net sales for the fourth quarter were $27.0 million compared with net sales of $28.4 million for the same quarter last year, a decrease of 5%.

New orders for the fourth quarter totaled $23.2 million, an 18% decrease compared with $28.3 million for the fourth quarter last year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.16 per share on revenues of $29.30 million for the quarter. Analysts' estimates typically exclude special items.

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