Haynes Worldwide (HAYN) Lags Q1 Earnings and Income Estimates

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Haynes Worldwide (HAYN) Lags Q1 Earnings and Income Estimates

Hayne


Haynes Worldwide (HAYN) got here out with quarterly earnings of $0.26 per share, lacking the Zacks Consensus Estimate of $0.36 per share. This compares to lack of $0.13 per share a yr in the past. These figures are adjusted for non-recurring gadgets.

This quarterly report represents an earnings shock of -27.78%. 1 / 4 in the past, it was anticipated that this alloy merchandise maker would publish earnings of $0.38 per share when it truly produced earnings of $0.48, delivering a shock of 26.32%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.

Haynes Worldwide, which belongs to the Zacks Metal – Speciality trade, posted revenues of $108.45 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 9.74%. This compares to year-ago revenues of $107.07 million. The corporate has topped consensus income estimates two instances over the past 4 quarters.

The sustainability…



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