Lufkin Industries Inc. (NASDAQ:LUFK) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased to $0.87 in the quarter versus EPS of $0.80 in the year-earlier quarter. Revenue rose 27.37% to $355.7 million from the year-earlier quarter.
Lufkin Industries Inc. reported adjusted EPS income of $0.87 per share. By that measure, the company beat the mean analyst estimate of $0.84. It beat the average revenue estimate of $345.82 million.