Lydall (LDL) Posts Quarterly Earnings Results, Misses Expectations By $0.13 EPS

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Lydall (NYSE:LDL) posted its quarterly earnings data on Monday. The auto parts company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.13), Fidelity Earnings reports. Lydall had a return on equity of 12.74% and a net margin of 6.20%. The business had revenue of $197.90 million for the quarter, compared to analyst estimates of $197.85 million. During the same period in the prior year, the firm posted $0.61 EPS. Lydall’s revenue for the quarter was up 9.9% on a year-over-year basis.

Shares of NYSE LDL traded down $5.33 during trading hours on Tuesday, hitting $27.94. 470,618 shares of the company’s stock were exchanged, compared to its average volume of 106,403. Lydall has a 1-year low of $29.10 and a 1-year high of $56.60. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.08 and a current ratio of 2.82. The stock has a market capitalization of $557.54 million, a PE ratio of 9.98 and a beta of 1.76.

Several equities analysts recently weighed in on the company. TheStreet cut Lydall from a “b-” rating to a “c+” rating in a research report on Tuesday, October 23rd. Zacks Investment Research raised Lydall from a “sell” rating to a “hold” rating in a research report on Tuesday, October 16th. ValuEngine raised Lydall from a “sell” rating to a “hold” rating in a research report on Thursday, July 12th. Finally, Roth Capital set a $53.00 price objective on Lydall and gave the stock a “buy” rating in a research report on Monday, August 13th.

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Lydall Company Profile

Lydall, Inc designs, manufactures, and markets specialty engineered filtration media, industrial thermal insulating solutions, and automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications worldwide. It operates through Performance Materials, Technical Nonwovens, and Thermal Acoustical Solutions segments.

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Earnings History for Lydall (NYSE:LDL)

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