Zep (ZEP) Posts Quarterly Earnings, Beats Estimates By $0.02 EPS
Zep (NYSE:ZEP) posted its quarterly earnings results on Monday. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.15 by $0.02, Analyst Ratings.Net reports. The company had revenue of $164.90 million for the quarter, compared to the consensus estimate of $160.27 million.
Zep (NYSE:ZEP) opened at 17.97 on Monday. Zep has a 52 week low of $12.64 and a 52 week high of $21.34. The stock’s 50-day moving average is $18.60 and its 200-day moving average is $16.48. The company has a market cap of $410.0 million and a P/E ratio of 26.09.
Zep Inc, is a provider of cleaning and maintenance chemicals and related products and services. The Company produces a range cleaning and maintenance solutions for commercial, industrial, institutional and consumer customers, which include anti-bacterial and industrial hand care products, cleaners, degreasers, deodorizers, disinfectants, floor finishes, sanitizers, pest- and weed-control products, air-care products, delivery systems and automotive maintenance chemicals.
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