Metso Oyj (MXCYY) Announces Quarterly Earnings Results

Metso Oyj (NASDAQ:MXCYY) released its quarterly earnings results on Thursday, October 19th. The industrial products company reported $0.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.05), MarketWatch Earnings reports. Metso Oyj had a net margin of 5.33% and a return on equity of 10.95%. The company had revenue of $790.60 million for the quarter.

Shares of Metso Oyj (NASDAQ:MXCYY) traded down $0.03 during midday trading on Monday, reaching $9.02. The company’s stock had a trading volume of 2,099 shares, compared to its average volume of 3,769. Metso Oyj has a fifty-two week low of $6.41 and a fifty-two week high of $9.36.

Separately, Zacks Investment Research downgraded Metso Oyj from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th.

ILLEGAL ACTIVITY NOTICE: This article was reported by BBNS and is the sole property of of BBNS. If you are accessing this article on another publication, it was illegally copied and reposted in violation of United States & international copyright & trademark laws. The original version of this article can be read at https://baseballnewssource.com/markets/metso-oyj-mxcyy-posts-earnings-results/1722369.html.

About Metso Oyj

Metso Oyj is a global supplier of technology and services for mining, aggregates, oil and gas, pulp, paper, as well as process industries. The Company’s segments include Minerals, Flow Control, and Group Head Office and other. The Minerals segment covers the Company’s mining, aggregates and recycling businesses.

Receive News & Ratings for Metso Oyj Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metso Oyj and related companies with our FREE daily email newsletter.

 


Latest News

Toronto Blue Jays Launch Internal Investigation on PED Use
Toronto Blue Jays Launch Internal Investigation on PED Use
Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
MLB Commissioner: New Rule for Pace-of-Play in 2018
MLB Commissioner: New Rule for Pace-of-Play in 2018
Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player


Leave a Reply

 
© 2006-2017 BBNS.