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Lawson Products Q2 adjusted earnings Beat Estimates

Lawson Products (LAWS) released a profit for second quarter that fell from the same period last year.

The company's profit came in at $1.31 million, or $0.14 per share. This compares with $3.19 million, or $0.35 per share, in last year's second quarter.

Excluding items, Lawson Products reported adjusted earnings of $5.86 million or $0.62 per share for the period.

Analysts had expected the company to earn $0.49 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.3% to $96.10 million from $90.38 million last year.

Lawson Products earnings at a glance:

-Earnings (Q2): $5.86 Mln. vs. $3.56 Mln. last year.
-EPS (Q2): $0.62 vs. $0.39 last year.
-Analysts Estimate: $0.49
-Revenue (Q2): $96.10 Mln vs. $90.38 Mln last year.

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