Lawson Products Reveals Increase In Q1 Earnings

(RTTNews) - Lawson Products (LAWS) reported earnings for its first quarter that climbed from last year.

The company's earnings totaled $1.24 million, or $0.13 per share. This compares with $0.90 million, or $0.09 per share, in last year's first quarter.

Analysts had expected the company to earn $0.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.2% to $84.46 million from $74.62 million last year.

Lawson Products earnings at a glance:

-Earnings (Q1): $1.24 Mln. vs. $0.90 Mln. last year. -EPS (Q1): $0.13 vs. $0.09 last year. -Analysts Estimate: $0.16 -Revenue (Q1): $84.46 Mln vs. $74.62 Mln last year.