Sun Hydraulics Corp. (SNHY) Set to Announce Quarterly Earnings on Monday
Sun Hydraulics Corp. (NASDAQ:SNHY) is set to issue its Q313 quarterly earnings data on Monday, November 4th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $49.90 million for the quarter.
Sun Hydraulics Corp. (NASDAQ:SNHY) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.45 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.42 by $0.03. The company had revenue of $558.00 million for the quarter, compared to the consensus estimate of $55.20 million. During the same quarter last year, the company posted $0.43 earnings per share. Sun Hydraulics Corp.’s revenue was down 2.1% compared to the same quarter last year. On average, analysts expect Sun Hydraulics Corp. to post $1.45 EPS for the current fiscal year and $1.60 EPS for the next fiscal year.
Sun Hydraulics Corp. (NASDAQ:SNHY) traded down 1.79% during mid-day trading on Friday, hitting $38.97. 26,510 shares of the company’s stock traded hands. Sun Hydraulics Corp. has a one year low of $22.67 and a one year high of $41.00. The stock has a 50-day moving average of $36.92 and a 200-day moving average of $33.19. The company has a market cap of $1.023 billion and a P/E ratio of 28.08.
Sun Hydraulics Corporation (NASDAQ:SNHY) designs, manufactures, and sells screw-in cartridge valves and manifolds used in hydraulic systems.
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