Acme United (ACU) to Release Quarterly Earnings on Friday

Acme United (NYSEAMERICAN:ACU) is scheduled to release its earnings data before the market opens on Friday, April 20th. Analysts expect Acme United to post earnings of $0.18 per share for the quarter.

Acme United (NYSEAMERICAN:ACU) last announced its earnings results on Tuesday, February 27th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.07). The business had revenue of $30.17 million for the quarter, compared to analyst estimates of $32.60 million. Acme United had a net margin of 3.56% and a return on equity of 9.64%.

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Shares of Acme United stock opened at $20.30 on Tuesday. Acme United has a 1-year low of $19.00 and a 1-year high of $29.49.

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 23rd. Stockholders of record on Monday, April 2nd will be paid a dividend of $0.11 per share. The ex-dividend date is Thursday, March 29th. This represents a $0.44 annualized dividend and a dividend yield of 2.17%.

Several analysts have recently weighed in on ACU shares. TheStreet downgraded Acme United from a “b” rating to a “c+” rating in a research note on Friday, March 2nd. Zacks Investment Research upgraded Acme United from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 20th.

An institutional investor recently bought a new position in Acme United stock. Northern Trust Corp purchased a new position in Acme United Co. (NYSEAMERICAN:ACU) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 7,457 shares of the company’s stock, valued at approximately $214,000. Northern Trust Corp owned approximately 0.22% of Acme United as of its most recent filing with the Securities & Exchange Commission.

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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. The company offers scissors, rulers, pencil sharpeners, paper trimmers, lettering products, and math tools under the Westcott brand name.

Earnings History for Acme United (NYSEAMERICAN:ACU)

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