CRANBERRY TOWNSHIP, Pa. (AP) — CRANBERRY TOWNSHIP, Pa. (AP) — MSA Safety Inc. (MSA) on Tuesday reported first-quarter net income of $59.6 million.
On a per-share basis, the Cranberry Township, Pennsylvania-based company said it had net income of $1.51. Earnings, adjusted for one-time gains and costs, were $1.68 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.59 per share.
The maker of safety products posted revenue of $421.3 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $401.4 million.
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