Xerium Technologies, Inc. (XRM) Scheduled to Post Earnings on Wednesday
Xerium Technologies, Inc. (NYSE:XRM) is set to post its Q3 2017 quarterly earnings results after the market closes on Wednesday, October 25th. Analysts expect Xerium Technologies to post earnings of $0.11 per share for the quarter.
Xerium Technologies (NYSE:XRM) last announced its earnings results on Monday, July 31st. The industrial products company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.06). Xerium Technologies had a negative return on equity of 2.20% and a negative net margin of 6.04%. The business had revenue of $120.34 million for the quarter. On average, analysts expect Xerium Technologies to post $0.43 EPS for the current fiscal year and $0.68 EPS for the next fiscal year.
Xerium Technologies, Inc. (NYSE XRM) opened at 5.00 on Wednesday. Xerium Technologies, Inc. has a 52 week low of $4.45 and a 52 week high of $8.44. The company’s 50-day moving average price is $5.51 and its 200 day moving average price is $6.54. The stock’s market capitalization is $81.71 million.
In other Xerium Technologies news, insider Mark Staton purchased 10,000 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were bought at an average cost of $6.23 per share, for a total transaction of $62,300.00. Following the completion of the purchase, the insider now directly owns 20,000 shares in the company, valued at $124,600. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jay J. Gurandiano sold 4,000 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $6.98, for a total value of $27,920.00. Following the completion of the sale, the director now owns 48,359 shares in the company, valued at $337,545.82. The disclosure for this sale can be found here. 15.40% of the stock is owned by company insiders.
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About Xerium Technologies
Xerium Technologies, Inc (Xerium) is a manufacturer and supplier of over two types of consumable products used in the production of paper: machine clothing and roll covers. The Company markets its products through brands, such as Huyck Wangner, Weavexx, Stowe Woodward, Mount Hope, Robec and Xibe. The Company operates in two segments: machine clothing and roll covers.
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