MSA Safety Incorporated (MSA) Releases Earnings Results, Beats Expectations By $0.04 EPS

MSA Safety Incorporated (MSA) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $0.48 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $0.44. The company posted revenue of $279.27 million in the period, compared to analysts expectations of $274.16 million. The company’s revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS.

Many Wall Street Analysts have commented on MSA Safety Incorporated. MSA Safety Incorporated was Downgraded by Sidoti to ” Neutral” on Apr 19, 2016.

MSA Safety Incorporated opened for trading at $49.71 and hit $50.49 on the upside on Wednesday, eventually ending the session at $50.13, with a gain of 0.58% or 0.29 points. The heightened volatility saw the trading volume jump to 1,30,914 shares. Company has a market cap of $1,873 M.

In a different news, on Mar 16, 2016, Paul R Uhler (Vice President) sold 4,731 shares at $46.25 per share price. According to the SEC, on Mar 14, 2016, Kerry M Bove (President) sold 4,731 shares at $45.09 per share price. On Mar 14, 2016, Ronald N Jr Herring (President) sold 33 shares at $46.34 per share price, according to the Form-4 filing with the securities and exchange commission.

MSA Safety Incorporated

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