Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) is expected to report second quarter earnings results, before market open, on Wednesday 29th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.28 per share from revenue of $ 47.89 million.
Looking ahead, the full year loss are expected at $ 1.16 per share on the revenues of $ 185.33 million.
Previous Quarter Performance
Universal Stainless & Alloy Products, Inc. came out with loss for the first quarter of $ 0.16 per share, from the revenue of $ 58.49 million. The quarterly revenues down 2.95 percent compared with the same quarter last year. Street analysts expected Universal Stainless & Alloy Products, Inc. to report loss of $ 0.06 per share on revenue of $ 58.73 million for the first quarter. The bottom line results missed street analysts by $ 0.1 or 166.67 percent, at the same time, top line results fell short of analysts by $ 0.24 million or 0.41 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of USAP was $ 7.20, representing a 23.29 % increase from the 52 week low of $ 5.84 and a 60.4 % decrease over the 52 week high of $ 18.18.
The company has a market capital of $ 63.38 million and is part of the Basic Materials sector and Steel industry.
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Conference Call
Universal Stainless & Alloy Products, Inc. will be hosting a conference call at 10:00 AM eastern time on 29th 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.univstainless.com
Universal Stainless & Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. The companys products include stainless steel, nickel alloys, tool steel, and various other alloyed steels. The company offers semi-finished and finished long products in the form of ingots, blooms, billets, and bars; flat rolled products, such as slabs and plates; and customized shapes primarily for original equipment manufacturers (OEMs), which are cold rolled from purchased coiled strip, flat bar, or extruded bar.
