Acme United (NYSEAMERICAN:ACU) is set to announce its earnings results before the market opens on Thursday, April 18th. Analysts expect the company to announce earnings of $0.18 per share for the quarter. Acme United has set its FY 2019 guidance at $1.41-1.50 EPS.
Acme United (NYSEAMERICAN:ACU) last issued its earnings results on Thursday, February 28th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.02). The company had revenue of $31.13 million for the quarter, compared to analysts’ expectations of $32.80 million.
Shares of Acme United stock opened at $18.74 on Tuesday. Acme United has a 1 year low of $13.50 and a 1 year high of $23.56.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 23rd. Investors of record on Tuesday, April 2nd will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, April 1st. This represents a $0.48 annualized dividend and a dividend yield of 2.56%.
Separately, Zacks Investment Research raised shares of Acme United from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a report on Monday, March 4th.
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About Acme United
Acme United Corporation, together with its subsidiaries, supplies cutting, measuring, first aid, and sharpening products to the school, home, office, hardware, sporting good, and industrial markets in the United States, Canada, Europe, and Asia. It offers scissors, shears, rulers, pencil sharpeners, paper trimmers, lettering products, craft products, and safety cutters under the Westcott brand name; and cutting tools for hardware and industrial, lawn and garden, food processing, sewing, and housewares channels under the Clauss brand.
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