MSA Safety Inc. (MSA) released earnings for its third quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $66.65 million, or $1.69 per share. This compares with $65.26 million, or $1.65 per share, in last year's third quarter.
Excluding items, MSA Safety Inc. reported adjusted earnings of $72.30 million or $1.83 per share for the period.
Analysts on average had expected the company to earn $1.80 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 3.1% to $432.68 million from $446.73 million last year.
MSA Safety Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $66.65 Mln. vs. $65.26 Mln. last year.
-EPS (Q3): $1.69 vs. $1.65 last year.
-Revenue (Q3): $432.68 Mln vs. $446.73 Mln last year.
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