Melcor Developments Q2 EPS $0.73 Up From $0.24 YoY, Sales $61.992M Down From $100.139M YoY
Melcor Developments (TSX:MRD) reported quarterly earnings of $0.73 per share. This is a 204.17 percent increase over earnings of $0.24 per share from the same period last year. The company reported $61.992 million in
Melcor made more profit per share this quarter, but sold much less stuff than last year. When profits go up while sales go down, it usually means the company got better at controlling costs—which is smart, but watch if sales keep falling.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.