Pall Corp. (NYSE:PLL) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Pall Corp. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 4.65% to $0.90 in the quarter versus EPS of $0.86 in the year-earlier quarter.
Revenue: Decreased 0.77% to $716.8 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Pall Corp. reported adjusted EPS income of $0.90 per share. By that measure, the company beat the mean analyst estimate of $0.89. It beat the average revenue estimate of $714.35 million.
Quoting Management: Larry Kingsley, Pall President and CEO, said, “In light of continued economic challenges, particularly impacting our Industrial business, we delivered solid results this year. This was largely due to improved operational execution and the benefit of our structural cost actions.”
Key Stats (on next page)…