Medical Action Industries (MDCI) to Release Earnings on Monday
Medical Action Industries (NASDAQ:MDCI) is scheduled to be posting its quarterly earnings results on Monday, August 11th. Individual interested in registering for the company’s earnings conference call can do so using this link.
Medical Action Industries (NASDAQ:MDCI) last announced its earnings results on Wednesday, June 11th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.06 by $0.01. The company had revenue of $72.48 million for the quarter, compared to the consensus estimate of $110.08 million. During the same quarter in the prior year, the company posted $0.08 earnings per share. The company’s quarterly revenue was up 4.5% on a year-over-year basis. On average, analysts expect Medical Action Industries to post $0.29 EPS for the current fiscal year and $0.49 EPS for the next fiscal year.
Medical Action Industries (NASDAQ:MDCI) opened at 13.76 on Friday. Medical Action Industries has a one year low of $5.04 and a one year high of $13.85. The stock has a 50-day moving average of $12.84 and a 200-day moving average of $8.5. The company has a market cap of $225.5 million and a price-to-earnings ratio of 53.79.
On a related note, analysts at Sidoti downgraded shares of Medical Action Industries from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 25th.
Medical Action Industries Inc (NASDAQ:MDCI) develops, manufactures, markets and supplies a range of disposable medical products.
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