Global Brass and Copper Holdings, Inc. (BRSS) Set to Announce Quarterly Earnings on Wednesday
Global Brass and Copper Holdings, Inc. (NYSE:BRSS) will be announcing its earnings results after the market closes on Wednesday, November 1st.
Global Brass and Copper Holdings (NYSE:BRSS) last announced its earnings results on Wednesday, August 2nd. The industrial products company reported $0.82 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.03. The firm had revenue of $377.40 million for the quarter, compared to the consensus estimate of $398.45 million. Global Brass and Copper Holdings had a return on equity of 55.01% and a net margin of 3.10%. The business’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.43 EPS. On average, analysts expect Global Brass and Copper Holdings to post $2.53 EPS for the current fiscal year and $2.73 EPS for the next fiscal year.
Global Brass and Copper Holdings, Inc. (NYSE:BRSS) opened at 34.75 on Wednesday. The firm has a market capitalization of $761.16 million, a P/E ratio of 17.03 and a beta of 0.48. The firm’s 50-day moving average price is $32.73 and its 200 day moving average price is $31.66. Global Brass and Copper Holdings, Inc. has a one year low of $22.75 and a one year high of $39.85.
In related news, Director Martin E. Welch sold 3,708 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $29.08, for a total value of $107,828.64. Following the sale, the director now directly owns 21,686 shares of the company’s stock, valued at $630,628.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.20% of the stock is owned by company insiders.
BRSS has been the topic of several recent analyst reports. BidaskClub raised Global Brass and Copper Holdings from a “sell” rating to a “hold” rating in a research note on Friday, October 13th. Zacks Investment Research cut Global Brass and Copper Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th.
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Global Brass and Copper Holdings Company Profile
Global Brass and Copper Holdings, Inc is a converter, fabricator, processor and distributor of specialized non-ferrous products, including a range of sheet, strip, foil, rod, tube and fabricated metal component products. The Company operates through three segments: Olin Brass, Chase Brass and A.J. Oster.
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