Martinrea International Q1 Adj. EPS $0.45 Beats $0.43 Estimate, Sales $1.125B Miss $1.160B Estimate
Martinrea International (TSX:MRE) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.43 by 4.65 percent. This is a 9.76 percent increase over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $1.125 billion which missed the analyst consensus estimate of $1.160 billion by 2.98 percent. This is a 3.68 percent decrease over sales of $1.168 billion the same period last year.
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