Acme United Q3 EPS $0.54 Misses $0.72 Estimate, Sales $48.17M Miss $53.41M Estimate

Acme United (AMEX:ACU) reported quarterly earnings of $0.54 per share which missed the analyst consensus estimate of $0.72 by 25 percent. This is a 6.9 percent decrease over earnings of $0.58 per share from the same period last year. The company reported quarterly sales of $48.17 million which missed the analyst consensus estimate of $53.41 million by 9.82 percent. This is a 4.40 percent decrease over sales of $50.38 million the same period last year.