A Sneak Peek At Acme United Corporation. (ACU) 2Q20 Earnings

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Acme United Corporation. (AMEX:ACU) is set to announce second quarter earning results on Friday 17th July 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, ACU to report 2Q20 income of $ 0.79 per share.

For the full year, analysts anticipate top line of $ 150.75 million, while looking forward to income of $ 1.77 per share bottom line.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Acme United Corporation.

Stock Performance

According to the previous trading day, closing price of ACU was $ 21.97, representing a 28.48 % increase from the 52 week low of $ 17.10 and a 11.8 % decrease over the 52 week high of $ 24.91.

The company has a market capital of $ 73.33 million and is part of the Consumer Defensive sector and Household & Personal Products industry.

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Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.12 per share on June 17, 2020. The dividend were payable on July 23, 2020 to holders of record as of the close of business on July 2, 2020 and ex-dividend date on July 1, 2020.

Conference Call

Acme United Corporation. will be hosting a conference call at 12:00 PM eastern time on 17th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.acmeunited.com

Acme United Corporation, together with its subsidiaries, supplies cutting, measuring, first aid, and sharpening products to the school, home, office, hardware, sporting good, and industrial markets in the United States, Canada, Europe, and Asia. It offers scissors, shears, rulers, pencil sharpeners, paper trimmers, lettering products, craft products, and safety cutters under the Westcott brand name; and cutting tools for hardware and industrial, lawn and garden, food processing, sewing, and housewares channels under the Clauss brand. The company also provides fixed blade, folding, folding knives, line of sight cutting tools, and tactical tools under the Camillus brand name; fishing tools and knives under the Cuda brand; cut and puncture resistant gloves under Kevlar brand; and sharpening tools for knives, scissors, chisels, skis, skates, and other edges under the DMT brand name.