Sypris Solutions (NASDAQ:SYPR) Posts Earnings Results, Misses Expectations By $0.12 EPS

Sypris Solutions (NASDAQ:SYPR) issued its quarterly earnings results on Tuesday. The auto parts company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.12), Fidelity Earnings reports. The company had revenue of $22.26 million during the quarter. Sypris Solutions had a negative return on equity of 23.01% and a negative net margin of 3.73%.

Shares of Sypris Solutions stock traded up $0.02 on Wednesday, reaching $0.87. 15,100 shares of the company’s stock were exchanged, compared to its average volume of 16,580. Sypris Solutions has a 52 week low of $0.70 and a 52 week high of $1.52. The firm’s 50-day moving average is $1.02 and its two-hundred day moving average is $0.94. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.57 and a quick ratio of 0.84.

About Sypris Solutions

Sypris Solutions, Inc provides truck components, oil and gas pipeline components, and aerospace and defense electronics in the United States and Mexico. It operates through two segments, Sypris Technologies and Sypris Electronics. The Sypris Technologies segment supplies forged and machined components for the commercial vehicle, off highway vehicle, light truck, automotive, and energy markets.

Further Reading: Consumer Price Index (CPI)

Earnings History for Sypris Solutions (NASDAQ:SYPR)

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