Investors Ride 5 Earnings Rollercoaster Rides
Polypore International Inc. (NYSE:PPO) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 42.55% to $0.27 in the quarter versus EPS of $0.47 in the year-earlier quarter. Revenue Decreased 5.88% to $163.5 million from the year-earlier quarter.
Polypore International Inc. reported adjusted EPS income of $0.27 per share. By that measure, the company missed the mean analyst estimate of $0.4. It missed the average revenue estimate of $175.9 million.