Pall Corporation’s (PLL) Second-Quarter Profits Below Expectations

Pall Corporation (NYSE: PLL) reported second-quarter results on Thursday. The company reported a 28% rise in profit in its second-quarter.

Pall reported earnings of $49.6 million, or $0.42 per share, compared with $38.9 million, or $0.33 per share, a year earlier. Earnings were boosted by favorable foreign exchange transactions. Sales increased 3.1% to $560.4 million in second-quarter. The company’s results in the second-quarter were below analysts’ estimates of a forecast EPS of $0.47 on revenue of $589 million.

Pall Corporation shares fell 4.16% to $39.14 in after-hours trading.