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Ferro Posts Higher Q1 Earnings, Sales

05/11/2021 00:56

04:46 AM EDT, 05/11/2021 (MT Newswires) -- Ferro (FOE) posted Q1 earnings Monday of $1.30 per share, up from $0.19 per share a year earlier.

Two analysts polled by Capital IQ projected EPS of $0.21.

Net sales were $288.4 million for the quarter ended March 31, up from $252.3 million a year ago. The Street forecast was $256.9 million.

As of March 31, the company's cash and cash equivalents stood at $128.4 million.

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