Platform Specialty Products Corp (PAH) Releases Earnings Results, Misses Expectations By $-0.04 EPS

Platform Specialty Products Corp (PAH) reported quarterly earnings results on Monday, Aug-8-2016. The company reported $0.16 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $0.20. The company posted revenue of $922.00 million in the period, compared to analysts expectations of $887.70 million. The company’s revenue was up 36.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.

Many Wall Street Analysts have commented on Platform Specialty Products Corp. Citigroup Initiated Platform Specialty Products Corp on Jul 28, 2016 to “Buy”, Price Target of the shares are set at $11.

Platform Specialty Products Corp closed down -0.31 points or -3.19% at $9.42 with 35,00,467 shares getting traded on Friday. Post opening the session at $9.85, the shares hit an intraday low of $9.35 and an intraday high of $9.91 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Mar 21, 2016, David A Jacoboski (Corporate Treasurer) purchased 1,000 shares at $8.48 per share price. According to the SEC, on Dec 10, 2015, Ian G H Ashken (director) purchased 50,000 shares at $11.36 per share price. On Nov 23, 2015, Sanjiv Khattri (CFO) purchased 5,000 shares at $11.83 per share price, according to the Form-4 filing with the securities and exchange commission.

Platform Specialty Products Corp

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