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Acme United Shares Rise After Q2 Earnings, Net Sales Increase
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Acme United Shares Rise After Q2 Earnings, Net Sales Increase
Jul 19, 2024 12:38 PM

03:07 PM EDT, 07/19/2024 (MT Newswires) -- Acme United ( ACU ) shares rose 3.9% in recent trading Friday after the company reported Q2 earnings of $1.09 per diluted share, up from $0.96 per share a year earlier.

A lone analyst expected $0.94, according to Yahoo Finance.

Net sales in the quarter ended June 30 rose to $55.4 million from $55.3 million a year earlier, Acme United ( ACU ) said Friday.

A single analyst forecast $56.5 million.

Price: 38.48, Change: +1.43, Percent Change: +3.86

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