Acme United (ACU) to Release Earnings on Thursday

Acme United (NYSEAMERICAN:ACU) will 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 posted its quarterly earnings data on Thursday, February 28th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.02). The business had revenue of $31.13 million for the quarter, compared to analysts’ expectations of $32.80 million.

ACU opened at $19.70 on Wednesday. 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. Stockholders of record on Tuesday, April 2nd will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.44%. The ex-dividend date is Monday, April 1st.

Separately, Zacks Investment Research raised shares of Acme United from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 19th.

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Acme United Company Profile

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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Earnings History for Acme United (NYSEAMERICAN:ACU)

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