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AP

Ampco-Pittsburgh

$13.55

0.2 (1.50%)

07:13
08/09/17
08/09
07:13
08/09/17
07:13

Ampco-Pittsburgh reports Q2 EPS (16c), one estimate (20c)

Reports Q2 revenue $110.6M, one estimate $108M. CEO John Stanik said, "Despite rising costs and a lag in pricing improvement, I am pleased with our sequential sales growth in Q2 and especially the growth in our order book. We expect continued sequential improvement through the rest of this year as our higher backlog of orders deliver and price increases take effect. We also recently announced a new price increase for Forged and Cast Engineered products, which we believe should be manifested in orders delivering in the second half of 2018." Results reported yesterday. One analyst estimate from Bloomberg.

AP Ampco-Pittsburgh
$13.55

0.2 (1.50%)

01/18/17
JANY
01/18/17
INITIATION
Target $16
JANY
Neutral
Ampco-Pittsburgh initiated with a Neutral at Janney Capital
Janney Capital analyst Michael Gaugler initiated Ampco-Pittsburgh with a Neutral and a $16 price target.
08/09/17
JANY
08/09/17
UPGRADE
JANY
Buy
Ampco-Pittsburgh upgraded to Buy from Neutral at Janney Capital

TODAY'S FREE FLY STORIES

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TPIC

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MKSI

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UQM

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GS

Goldman Sachs

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MBI

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RBCN

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ANCB

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GIFI

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MPB

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CALD

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GIFI

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GE

General Electric

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NRE

Northstar Realty Europe

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