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Standex: Fiscal Q4 Earnings Snapshot
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SALEM, N.H. (AP) — SALEM, N.H. (AP) — Standex International Corp. (SXI) on Thursday reported fiscal fourth-quarter earnings of $20.5 million.

The Salem, New Hampshire-based company said it had net income of $1.69 per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $2.45 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.35 per share.

The equipment manufacturing company posted revenue of $228.3 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $226.5 million.

For the year, the company reported profit of $104.6 million, or $8.67 per share. Revenue was reported as $891.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SXI at https://www.zacks.com/ap/SXI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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