MSA Safety Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - MSA Safety Inc. (MSA) reported earnings for its second quarter that advanced from the same period last year.

The company's earnings came in at $39.81 million, or $1.01 per share. This compares with $33.18 million, or $0.85 per share, in last year's second quarter.

Excluding items, MSA Safety Inc. reported adjusted earnings of $47.87 million or $1.22 per share for the period.

Analysts had expected the company to earn $1.18 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.0% to $349.67 million from $339.33 million last year.

MSA Safety Inc. earnings at a glance:

-Earnings (Q2): $47.87 Mln. vs. $41.47 Mln. last year. -EPS (Q2): $1.22 vs. $1.07 last year. -Analysts Estimate: $1.18 -Revenue (Q2): $349.67 Mln vs. $339.33 Mln last year.