Spectris (LON:SXS) issued its quarterly earnings data on Tuesday. The company reported GBX 164.90 ($2.15) EPS for the quarter, topping the Zacks’ consensus estimate of GBX 155.20 ($2.03) by GBX 9.70 ($0.13), Bloomberg Earnings reports.
Shares of LON:SXS traded down GBX 70 ($0.91) on Tuesday, hitting GBX 2,608 ($34.08). The company’s stock had a trading volume of 833,980 shares, compared to its average volume of 390,769. Spectris has a 12 month low of GBX 2,225 ($29.07) and a 12 month high of GBX 2,869 ($37.49).
The firm also recently declared a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, May 23rd will be paid a GBX 40.50 ($0.53) dividend. This is a boost from Spectris’s previous dividend of $20.50. The ex-dividend date is Thursday, May 23rd. This represents a dividend yield of 1.55%.
In other Spectris news, insider Karim Bitar purchased 680 shares of the firm’s stock in a transaction dated Monday, December 17th. The stock was bought at an average price of GBX 2,203 ($28.79) per share, with a total value of £14,980.40 ($19,574.55). In the last three months, insiders bought 692 shares of company stock valued at $1,526,847.
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Spectris plc manufactures and sells measuring instruments and controls worldwide. It operates through four segments: Materials Analysis, Test and Measurement, In-line Instrumentation, and Industrial Controls. The Materials Analysis segment provides products and services, which enable customers to determine structure, composition, quantity, and quality of particles and materials during their research and development processes, when assessing materials before production, or during the manufacturing process.
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