trending Market Intelligence /marketintelligence/en/news-insights/trending/r8u3ehVRL903bXgME_-8_g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Crown Crafts fiscal Q2 profit climbs 8.3% YOY


ESG hits the mainstream for European private equity sponsors


What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals


Banking Essentials Newsletter - February Edition, Part 2


Episode 1: Origins of 451 Research - Part 1

Crown Crafts fiscal Q2 profit climbs 8.3% YOY

Crown Crafts Inc. said its normalized net income for the fiscal second quarter ended Sept. 27 came to 16 cents per share, compared with the S&P Capital IQ consensus estimate of 14 cents per share.

EPS rose 8.7% year over year from 15 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $1.6 million, a gain of 8.3% from $1.5 million in the year-earlier period.

The normalized profit margin increased to 7.8% from 7.3% in the year-earlier period.

Total revenue climbed on an annual basis to $20.7 million from $20.4 million, and total operating expenses came to $18.1 million, compared with $18.0 million in the year-earlier period.

Reported net income increased 99.2% year over year to $1.6 million, or 16 cents per share, from $808,080, or 8 cents per share.