Carclo (CAR) Issues Earnings Results, Beats Expectations By $0.70 EPS
Carclo (LON:CAR) posted its quarterly earnings data on Tuesday. The company reported GBX 9.80 ($0.13) EPS for the quarter, topping analysts’ consensus estimates of GBX 9.10 ($0.12) by GBX 0.70 ($0.01), Bloomberg Earnings reports. Carclo had a return on equity of 14.09% and a net margin of 4.57%.
Carclo traded down GBX 0.80 ($0.01), reaching GBX 88.20 ($1.17), during midday trading on Thursday, MarketBeat Ratings reports. 22,128 shares of the company were exchanged, compared to its average volume of 187,556. Carclo has a 1 year low of GBX 62.40 ($0.83) and a 1 year high of GBX 180 ($2.40).
Separately, Peel Hunt reiterated a “buy” rating on shares of Carclo in a research report on Tuesday.
Carclo plc is engaged in the supply of fine tolerance, injection molded plastic components, mainly for medical products. The Company is also engaged in the design and supply of specialized injection molded light-emitting diode (LED)-based lighting systems to the automotive industry. The Company operates through four segments: Technical Plastics, LED Technologies, Aerospace and CIT Technology.
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