GP Strategies Corp (GPX) Releases Earnings Results, Misses Expectations By $-0.04 EPS

GP Strategies Corp (GPX) reported quarterly earnings results on Thursday, Jul-28-2016. The company reported $0.29 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $0.33. The company posted revenue of $125.50 million in the period, compared to analysts expectations of $127.96 million. The company’s revenue was down -.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.

GP Strategies Corp opened for trading at $19.76 and hit $21.245 on the upside on Thursday, eventually ending the session at $21.06, with a gain of 6.85% or 1.35 points. The heightened volatility saw the trading volume jump to 1,84,325 shares. Company has a market cap of $353 M.

In a different news, on Mar 7, 2016, Deborah Ung (Senior Vice President) sold 1,200 shares at $25.18 per share price. According to the SEC, on Dec 3, 2015, Donald R Duquette (Executive Vice President) sold 2,100 shares at $28.06 per share price. On Aug 5, 2015, A Marvin Strait (director) purchased 1,000 shares at $27.41 per share price, according to the Form-4 filing with the securities and exchange commission.

GP Strategies Corporation (GP Strategies) is a performance improvement solutions provider of training e-Learning solutions management consulting and engineering services. The Company operates in five segments: Learning Solutions which delivers training curriculum design and development e-Learning services system hosting training business process outsourcing and consulting services; Professional and Technical Services which provides training consulting engineering and technical services including lean consulting emergency preparedness safety and regulatory compliance chemical demilitarization and environmental services; Sandy Training & Marketing which provides product sales training; Performance Readiness Solutions which provides performance consulting and technology consulting services and Energy Services which provides engineering services products and training primarily to electric power generators.

GP Strategies Corp

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