Shares of Marine Prods MPX remained unaffected after the company reported Q3 results.
Quarterly Results
Earnings per share fell 17.39% over the past year to $0.19, which missed the estimate of $0.20.
Revenue of $68,778,000 decreased by 4.76% from the same period last year, which missed the estimate of $68,790,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Marine Prods hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Oct 28, 2020
Time: 08:00 AM
ET Webcast URL: https://www.marineproductscorp.com/Presentations
Technicals
Company's 52-week high was at $22.61
52-week low: $6.77
Price action over last quarter: Up 23.85%
Company Description
Marine Products Corp is a manufacturer of fiberglass motorized boats distributed and marketed through its independent dealer network. It operates in the Powerboat Manufacturing business segment through Nashville, Georgia, Valdosta, and Georgia. Its product offerings include Chaparral sterndrive, outboard, and jet pleasure boats and Robalo outboard sport fishing boats. The company offers its products to the family recreational and cruiser markets through its Chaparral brand and to the sportfishing market through its Robalo brand.
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