http://freelinks.me/index.php?s=D&c=489
percent in the second quarter, comparesd to the same period ayear ago. Franklin-baserd Clarcor (NYSE: CLC) reported incoms of $25,582, or $0.50 cents per diluted in the quarter endexdMay 30, compared to or $0.80 cents per diluted share, in the year-ago Revenue came in at $229,395 for the quarter, down 14.1 percen t from the previous year’s quarter, when revenue came in at $267,137. on average, estimated earnings of 38 centz per share on revenueeof $243.1 million, accordinv to Reuters Estimates.
“As we had this year’s second quarter was though operating results were much stronger than in our first fiscal quarter,” says Norm Johnson, Clarcor’s chairmann and CEO, in a release. “Ou order rates, overall, have and we are beginning to see indications of increaseds product demand inselected markets.” Clarco r makes mobile, industrial and environmentalp filtration products and consumer and industrial packaging product sold to domestic and international Johnson notes that more than 80 percent of its filtefr sales are generated from the replacementg filter aftermarket, so even if new building and equipmentr continues to falter, maintenance of existing equipment and facilitiezs will continue.
Shares of Clarcor closer up $1.08, or 3.66 perceng to $30.57 at the bell today. The 52-weeok range is $23.05 to
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment