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Recap: Acme United Q2 Earnings

  Acme United (AMEX:ACU) reported its Q2 earnings results on Friday, July 22, 2022 at 09:00 AM. Here's what investors need to know about the announcement.
byBenzinga Insights
July 22, 2022
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Acme United (AMEX:ACU) reported its Q2 earnings results on Friday, July 22, 2022 at 09:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Acme United missed estimated earnings by 13.41%, reporting an EPS of $0.71 versus an estimate of $0.82.

Revenue was up $11.93 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.43 which was followed by a 3.82% drop in the share price the next day.

Here’s a look at Acme United’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.65 0.6 0.57 0.93
EPS Actual 0.22 0.6 0.50 0.94
Revenue Estimate 48.75M 44.14M 47.65M 48.45M
Revenue Actual 43.33M 45.79M 47.92M 44.85M

To track all earnings releases for Acme United visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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