Shares of Universal Stainless USAP remained unaffected in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share fell 980.00% year over year to ($0.44), which missed the estimate of ($0.36).
Revenue of $37,434,000 declined by 33.82% from the same period last year, which missed the estimate of $39,400,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Universal Stainless hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Oct 21, 2020
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/oxp6by4n
Price Action
52-week high: $15.45
Company's 52-week low was at $5.12
Price action over last quarter: down 21.41%
Company Overview
Universal Stainless & Alloy Products Inc manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel, and certain other alloyed steels. The company along with its subsidiaries involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.