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BRIEF-Ferro Corporation To Be Acquired By Prince International Corporation For $22.00 Per Share In $2.1 Billion All-Cash Transaction Reports First Quarter Results

05/11/2021 08:09
BRIEF-Ferro Corporation To Be Acquired By Prince International Corporation For $22.00 Per Share In $2.1 Billion All-Cash Transaction Reports First Quarter Results

- Ferro Corp FOE.N:

  • ORATION TO BE ACQUIRED BY PRINCE INTERNATIONAL CORPORATION FOR $22.00 PER SHARE IN $2.1 BILLION ALL-CASH TRANSACTION; REPORTS FIRST QUARTER RESULTS

  • Q1 ADJUSTED EARNINGS PER SHARE $0.37

  • Q1 GAAP EARNINGS PER SHARE $0.22

  • Q1 SALES $288.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $259.9 MILLION

  • Q1 EARNINGS PER SHARE ESTIMATE $0.23 -- REFINITIV IBES DATA

  • WILL NOT HOLD ITS PREVIOUSLY SCHEDULED Q1 2021 EARNINGS TELECONFERENCE

Source text for Eikon: ID:nBw3zxzysa

Further company coverage: FOE.N


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