MSA Safety Inc reports results for the quarter ended in March - Earnings Summary

MSA Safety

30/04/2024 03:35

* MSA Safety Inc  MSA.N  reported quarterly adjusted
earnings of
$1.61​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of
$1.36.  The mean expectation of three analysts for the quarter
was for earnings of $1.56 per share. Wall Street expected
results to range from $1.47  to $1.63 per share.
    * Revenue rose 3.8% to $413.30 million from a year ago;
analysts
expected $428.37 million. 
    * MSA Safety Inc's reported EPS for the quarter was $1.47​.
    * The company reported quarterly net income of $58.14
million.
    * MSA Safety Inc shares had fallen by 2.5% this quarter and
gained 11.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
supplies peer group is also "buy"

Wall Street's median 12-month price target for MSA Safety Inc is
$191.00 
This summary was machine generated from LSEG data April 30 at
02:35 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      1.56           1.61           Beat
 Dec. 31 2023      1.87           2.06           Beat
 Sep. 30 2023      1.46           1.78           Beat
 Jun. 30 2023      1.47           1.83           Beat