Milacron Holdings Corp (MCRN) reported quarterly earnings results on Thursday, May-5-2016. The company reported $0.27 EPS for the quarter. Analysts had a consensus estimate of $0.27. The company posted revenue of $277.30 million in the period, compared to analysts expectations of $277.29 million. The company’s revenue was down -.7% compared to the same quarter last year.
Milacron Holdings Corp closed down -1.03 points or -6.61% at $14.56 with 7,11,318 shares getting traded on Wednesday. Post opening the session at $15.51, the shares hit an intraday low of $13.85 and an intraday high of $15.85 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Dec 11, 2015, Thomas J Goeke (CEO) purchased 15,000 shares at $12.84 per share price. According to the SEC, on Jul 2, 2015, John J Iii Gallagher (Chief Op Officer-MDCS & Fluids) purchased 7,150 shares at $20.00 per share price. On Jul 2, 2015, Ronald M. Krisanda (COO) purchased 5,000 shares at $20.00 per share price, according to the Form-4 filing with the securities and exchange commission.
Milacron Holdings Corp. manufactures distributes and services engineered and customized systems within the plastic technology and processing industry. The Company’s product portfolio includes hot runner systems injection molding blow molding and extrusion equipment. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT) Melt Delivery and Control Systems (MDCS) and Fluid Technologies (Fluids). Its APPT segment designs manufactures and sells injection extrusion and blow molding equipment co-injection systems and related parts and services. The Company’s MDCS segment designs manufactures and sells hot runner and process control systems mold bases and components and sells maintenance repair and operations (MRO) supplies. Its Fluids segment is a manufacturer of synthetic and semi-synthetic lubricants and coolants used in various industrial metalworking applications.