MSA Safety Inc. (MSA) released a profit for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $59.61 million, or $1.51 per share. This compares with $58.14 million, or $1.47 per share, last year.
Excluding items, MSA Safety Inc. reported adjusted earnings of $66.44 million or $1.68 per share for the period.
Analysts on average had expected the company to earn $1.58 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.9% to $421.34 million from $413.30 million last year.
MSA Safety Inc. earnings at a glance (GAAP) :
-Earnings: $59.61 Mln. vs. $58.14 Mln. last year.
-EPS: $1.51 vs. $1.47 last year.
-Revenue: $421.34 Mln vs. $413.30 Mln last year.
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