Sypris Solutions Inc. (SYPR) Scheduled to Post Quarterly Earnings on Wednesday
Sypris Solutions Inc. (NASDAQ:SYPR) is set to issue its Q316 quarterly earnings data on Wednesday, November 16th. Analysts expect the company to announce earnings of ($0.25) per share and revenue of $21.85 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
Sypris Solutions (NASDAQ:SYPR) last issued its quarterly earnings data on Wednesday, August 17th. The company reported ($0.26) earnings per share for the quarter, hitting the consensus estimate of ($0.26). Sypris Solutions had a negative net margin of 13.62% and a negative return on equity of 90.72%. The company had revenue of $23.50 million for the quarter, compared to analysts’ expectations of $27.10 million. On average, analysts expect Sypris Solutions to post $-0.98 EPS for the current fiscal year and $-0.58 EPS for the next fiscal year.
Shares of Sypris Solutions Inc. (NASDAQ:SYPR) opened at 1.04 on Tuesday. Sypris Solutions Inc. has a 52 week low of $0.64 and a 52 week high of $2.74. The company’s market cap is $20.54 million. The company has a 50 day moving average of $0.99 and a 200 day moving average of $0.98.
In other news, Director Gary L. Convis purchased 120,000 shares of the business’s stock in a transaction on Monday, August 22nd. The stock was purchased at an average cost of $1.15 per share, with a total value of $138,000.00. Following the acquisition, the director now directly owns 100,450 shares in the company, valued at $115,517.50. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 49.80% of the stock is currently owned by company insiders.
Sypris Solutions Company Profile
Sypris Solutions, Inc (Sypris) is a provider of outsourced services and specialty products. The Company offers a range of manufacturing, engineering, design and other technical services. It operates through two segments: the Industrial Group and the Electronics Group. The Industrial Group, which consists of Sypris Technologies, Inc and its subsidiaries, engages in sale of goods and manufacturing services to customers in the market for truck components and assemblies and from the sale of products to the energy and chemical markets.
Receive News & Stock Ratings for Sypris Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sypris Solutions Inc. and related stocks with our FREE daily email newsletter.