26.10.2017 15:59:08
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Lawson Products Announces 28% Retreat In Q3 Bottom Line
(RTTNews) - Lawson Products (LAWS) reported a profit for third quarter that fell compared to the same period last year.
The company said its profit dropped to $1.32 million, or $0.14 per share. This was lower than $1.83 million, or $0.20 per share, in last year's third quarter.
Analysts had expected the company to earn $0.20 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 7.8% to $75.65 million. This was up from $70.20 million last year.
Lawson Products earnings at a glance:
-Earnings (Q3): $1.32 Mln. vs. $1.83 Mln. last year. -Earnings Decline (Y-o-Y): -27.9% -EPS (Q3): $0.14 vs. $0.20 last year. -EPS Decline (Y-o-Y): -30.0% -Analysts Estimate: $0.20 -Revenue (Q3): $75.65 Mln vs. $70.20 Mln last year. -Revenue Change (Y-o-Y): 7.8%
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Lawson Products Inc. | 32,60 | 0,62% |