Standex Int'l Corp. (SXI) Releases Earnings Results, Misses Expectations By $-0.12 EPS

Standex Int'l Corp. (SXI) reported quarterly earnings results on Tuesday, May-3-2016. The company reported $0.93 earnings per share for the quarter, missing the analyst consensus estimate by $-0.12. Analysts had a consensus of $1.05. The company posted revenue of $177.50 million in the period, compared to analysts expectations of $183.10 million. The company’s revenue was down -1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.02 EPS.

Standex Int'l Corp. opened for trading at $77.14 and hit $79.125 on the upside on Monday, eventually ending the session at $78.72, with a gain of 2.65% or 2.03 points. The heightened volatility saw the trading volume jump to 1,36,928 shares. Company has a market cap of $1,010 M.

In a different news, on Nov 4, 2015, Nicholas H Iii Muller (director) sold 1,189 shares at $91.11 per share price. According to the SEC, on Nov 4, 2015, Gerald H Fickenscher (director) sold 2,000 shares at $91.10 per share price. On Nov 2, 2015, Thomas E Chorman (director) sold 1,189 shares at $90.85 per share price, according to the Form-4 filing with the securities and exchange commission.

Standex International Corporation is a diversified manufacturing company for diverse commercial and industrial market segments. The Company has 11 operating segments aggregated and organized into five segments: Food Service Equipment Group Engraving Group Engineering Technologies Group (ETG) Electronics Products Group and Hydraulics Products Group. The Food Service Equipment business products are used throughout the entire commercial food service process. The Engraving Group is a single source texture solutions supplier for Original Equipment Manufacturers (OEMs). The ETG provides engineered parts in all workable metal alloys. The Electronics Products Group manufactures custom magnetic sensing and electromechanical components; fluid level sensors flow pressure proximity conductive and inductive sensors; electronics assemblies and magnetic components. The Hydraulics Products Group manufactures mobile hydraulic cylinders and piston rod hydraulic cylinders.

Standex Int'l Corp.

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