Carclo (CAR) Releases Quarterly Earnings Results, Beats Estimates By $0.70 EPS

Carclo (LON:CAR) released its quarterly earnings data on Tuesday. The company reported GBX 9.80 ($0.13) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 9.10 ($0.12) by GBX 0.70 ($0.01), Bloomberg Earnings reports. Carclo had a return on equity of 14.09% and a net margin of 4.57%.

Shares of Carclo traded down GBX 0.80 ($0.01), hitting GBX 88.20 ($1.17), during trading hours on Thursday, according to Marketbeat. The company had a trading volume of 22,128 shares, compared to its average volume of 187,556. Carclo has a 52-week low of GBX 62.40 ($0.83) and a 52-week high of GBX 180 ($2.40).

Separately, Peel Hunt reiterated a “buy” rating on shares of Carclo in a report on Tuesday.

Carclo Company Profile

Carclo plc is engaged in the supply of fine tolerance, injection molded plastic components, mainly for medical products. The Company is also engaged in the design and supply of specialized injection molded light-emitting diode (LED)-based lighting systems to the automotive industry. The Company operates through four segments: Technical Plastics, LED Technologies, Aerospace and CIT Technology.

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