Acme United (ACU) Announces Earnings Results
Acme United (NYSEAMERICAN:ACU) issued its earnings results on Thursday. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.06, MarketWatch Earnings reports. The business had revenue of $31.37 million during the quarter, compared to the consensus estimate of $31.40 million.
Acme United stock traded up $1.00 during mid-day trading on Friday, hitting $19.50. The company’s stock had a trading volume of 18,327 shares, compared to its average volume of 9,792. Acme United has a twelve month low of $13.50 and a twelve month high of $23.56.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 2nd will be given a $0.12 dividend. The ex-dividend date is Monday, April 1st. This represents a $0.48 annualized dividend and a yield of 2.46%.
TRADEMARK VIOLATION NOTICE: This report was reported by Watch List News and is owned by of Watch List News. If you are viewing this report on another site, it was copied illegally and republished in violation of United States and international copyright legislation. The legal version of this report can be viewed at https://www.watchlistnews.com/acme-united-acu-announces-earnings-results-2/2973956.html.
Acme United Company Profile
Acme United Corporation, together with its subsidiaries, supplies cutting, measuring, first aid, and sharpening products to the school, home, office, hardware, sporting good, and industrial markets in the United States, Canada, Europe, and Asia. It offers scissors, shears, rulers, pencil sharpeners, paper trimmers, lettering products, craft products, and safety cutters under the Westcott brand name; and cutting tools for hardware and industrial, lawn and garden, food processing, sewing, and housewares channels under the Clauss brand.
Receive News & Ratings for Acme United Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acme United and related companies with MarketBeat.com's FREE daily email newsletter.