Hurco Cos. (HURC) Posts Quarterly Results
Hurco Cos. (NASDAQ:HURC) issued its quarterly earnings data on Friday. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.11, American Banking News.com reports. The company had revenue of $53.94 million for the quarter, compared to the consensus estimate of $56.07 million.
Shares of Hurco Cos. (NASDAQ:HURC) opened at 23.95 on Friday. Hurco Cos. has a 52 week low of $23.52 and a 52 week high of $31.61. The stock’s 50-day moving average is $25.08 and its 200-day moving average is $26.73. The company has a market cap of $154.8 million and a price-to-earnings ratio of 15.29.
The company also recently announced a quarterly dividend, which is scheduled for Monday, January 13th. Stockholders of record on Tuesday, December 31st will be paid a dividend of 0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.84%. The ex-dividend date is Friday, December 27th.
Hurco Companies, Inc is an industrial technology company. The Company designs, manufactures and sells computerized machine tools, consisting primarily of vertical machining centers (NASDAQ:HURC) and turning centers (lathes), to companies in the metal working industry through a worldwide sales, service and distribution network.
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