The Elmet Group Q2 Adj. EPS $0.18 Beats $0.06 Estimate, Sales $66.401M Beat $58.123M Estimate
The Elmet Group (NASDAQ:ELMT) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.06 by 200 percent. This is a 28.57 percent increase over earnings of $0.14 per share from the
Elmet Group made way more money than Wall Street experts thought it would—their profits were three times bigger than expected, and their sales were also much stronger. When a company beats everyone's guesses by this much, it usually means the business is doing really well and people might feel more confident about it.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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