Page 29 - Glass Machinery Plants & Accessories no. 3/2017

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Ferro (NYSE:FOE) analysts predict that About Ferro Pigments, Powders
last issued its earnings Ferro Co. will post $1.17 Ferro Corporation and Oxides. Its
results on Wednesday, earnings per share for the (Ferro) produces specialty Performance Coatings
March 1st. The specialty current year. materials that are sold to segment includes Tile
chemicals company Several research firms a range of manufacturers. Coating Systems and
reported $0.27 EPS for have recently weighed The Company’s segments Porcelain Enamel. Its
the quarter, topping the in on FOE. TheStreet include Performance manufacturers make
consensus estimate of lowered shares of Ferro Coatings; Performance products for various end-
$0.21 by $0.06. Ferro from a “b-” rating to a Colors and Glass, and use markets.
had a net margin of “c” rating in a research
4.49% and a return on note on Wednesday,
equity of 27.35%. The March 29th. KeyCorp Put your company on the web!
company had revenue of restated an “outperform”
$281.30 million for the rating and set a $18.00 ASK FOR THE
quarter, compared to the price objective (up from
consensus estimate of $17.00) on shares of
$279.25 million. During Ferro in a research note FREE-OF-CHARGE
the same period in the on Monday, March 6th.
previous year, the firm Finally, Zacks Investment
earned $0.19 earnings per Research upgraded shares INTERNET SERVICE
share. The firm’s revenue of Ferro from a “sell”
for the quarter was up rating to a “hold” rating CONTACT US AT:
6.2% on a year-over-year in a research note on E-mail: publications@glassonline.com
www.glassonline.com
basis. On average, equities Thursday, March 2nd.

Making good wine

is pure art;

have you ever thought

about glass the same way?

> ANNEALING LEHRS
> DECORATING LEHRS
> TOUGHENING LEHRS
> STACKERS

> CROSS CONVEYORS
> HOT GLASS SCRAPERS
> MOULD PRE-HEATING OVENS

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