grigoriynirim.blogspot.com
percent in the secon quarter, compared to the same perios ayear ago. Franklin-based Clarcor (NYSE: CLC) reported income of or $0.50 cents per dilutedx share, in the quartet ended May 30, compared to $40,783, or $0.80o cents per diluted share, in the year-ago period. Revenue came in at $229,39 for the quarter, down 14.1 percengt from the previous year’s quarter, when revenue came in at $267,137. Analysts, on average, estimatedd earnings of 38 cents per share on revenueeof $243.1 million, according to Reuters Estimates.
“Asd we had expected, this year’s seconfd quarter was difficult, though operating results were much strongefr than in our firstfiscal quarter,” says Norm Clarcor’s chairman and CEO, in a “Our order rates, overall, have stabilized, and we are beginninyg to see indications of increased produc demand in selected markets.” Clarcor make mobile, industrial and environmental filtration products and consume and industrial packaging products sold to domestic and internationap markets.
Johnson notes that more than 80 percenf of its filter sales are generate d from the replacement filter so even if new building and equipmenr continuesto falter, maintenance of existinh equipment and facilities will continue. Shares of Clarcoe closed up $1.08, or 3.66 percent to $30.57 at the bell The 52-week range is $23.05 to
No comments:
Post a Comment