Acme United Shares Fall After Q3 Earnings, Revenue Decline

MT Newswires Live

2024/10/19

Acme United (ACU) shares fell more than 8% in recent Friday trading after the company reported lower Q3 results year over year.

Earnings for the period ended Sept. 30 fell to $0.54 per diluted share from $0.58 a year before.

Net sales for the quarter clocked in at $48.2 million, down from $50.4 million a year previously.

Analyst estimates were not available on Capital IQ for comparison.

Price: 40.00, Change: -3.78, Percent Change: -8.63

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