Ladish Co. (LDSH) reported fourth quarter net income of $0.60 per share after the close Monday, compared to the $0.64 posted last year. The consensus estimate was for EPS of $0.53.
Ladish Co. spiked to the downside at the open Tuesday, but traded in a range for the majority of the session. The stock closed lower by $2.30 at $10.30 on above average volume. Ladish fell below a 2-week range and closed at a new low for the year.
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