CSS Industries (CSS) Announces Quarterly Earnings
CSS Industries (NYSE:CSS) announced its earnings results on Tuesday. The company reported $1.15 earnings per share (EPS) for the quarter, AnalystRatingsNetwork.com reports. The company had revenue of $112.50 million for the quarter, compared to the consensus estimate of $133.49 million.
Several analysts have recently commented on the stock. Analysts at Thomson Reuters/Verus downgraded shares of CSS Industries from a “hold” rating to a “sell” rating in a research note to investors on Monday, October 21st.
Shares of CSS Industries (NYSE:CSS) traded down 0.19% on Tuesday, hitting $25.68. 6,830 shares of the company’s stock traded hands. CSS Industries has a 52 week low of $18.79 and a 52 week high of $31.50. The stock has a 50-day moving average of $24.5 and a 200-day moving average of $26.12. The company has a market cap of $244.3 million and a P/E ratio of 16.95.
The company also recently announced a quarterly dividend, which is scheduled for Monday, December 16th. Investors of record on Monday, December 2nd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.34%.
CSS Industries, Inc (NYSE:CSS), is a company primarily engaged in the design, manufacture, procurement, distribution and sale of seasonal and all occasion social expression products, principally to mass market retailers.
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