Sypris Solutions (SYPR) Posts Earnings Results, Misses Expectations By $0.03 EPS

Sypris Solutions (NASDAQ:SYPR) announced its quarterly earnings data on Tuesday. The auto parts company reported ($0.06) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.03), Morningstar.com reports. The business had revenue of $21.49 million during the quarter. Sypris Solutions had a negative return on equity of 50.11% and a negative net margin of 13.15%.

Shares of Sypris Solutions stock traded up $0.05 during mid-day trading on Thursday, hitting $1.74. 37,534 shares of the stock were exchanged, compared to its average volume of 28,067. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.87 and a current ratio of 1.70. The company has a market capitalization of $36.42, a price-to-earnings ratio of -3.35 and a beta of 0.15. Sypris Solutions has a twelve month low of $0.86 and a twelve month high of $1.90.

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Separately, TheStreet lowered shares of Sypris Solutions from a “c-” rating to a “d” rating in a research report on Thursday, December 7th.

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About Sypris Solutions

Sypris Solutions, Inc (Sypris) is a provider of outsourced services and specialty products. The Company offers a range of manufacturing, engineering, design and other technical services. The Company operates through two segments: Sypris Technologies and Sypris Electronics. Sypris Technologies segment, which consists of Sypris Technologies, Inc and its subsidiaries, is engaged in the sale of goods and manufacturing services to customers in the market for truck components and assemblies and from the sale of products to the energy and chemical markets.

Earnings History for Sypris Solutions (NASDAQ:SYPR)

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