Marine Products Corp expected to post earnings of 5 cents a share - Earnings Preview

Marine Products

28/01/2025 13:37

* Marine Products Corp  MPX.N   MPX  is expected to show a
fall in
quarterly revenue when it reports  results on January 30 for the
period ending December 31 2024
    * The Atlanta Georgia-based  company is expected to report a
34.7% decrease in revenue to $46.3 million from $70.87 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Marine Products Corp is
for
earnings of 5 cents per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Marine
Products
Corp is $8.00​, below​ its last closing price of $9.23. ​​​

This summary was machine generated January 28 at 13:37 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)