Dana Reports FY16 Sales In Line With Street

Dana Reports FY16 Sales In Line With Street

Dana Inc. said pre-market Tuesday that FY16 preliminary sales approximated $5.8 billion, down about 4% from a year earlier but about in line with the $5.77 billion consensus compiled by Capital IQ. For FY17, the supplier of drivetrain and sealing technologies expects adjusted EPS of $1.75 to $1.85 on revenues of $5.8 billion to $6.0 billion, shy of the consensus for $1.87 on EPS and $6.03 billion on revenues. Including […]

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Compass Minerals International Says Q4 Salt Sales Up

Compass Minerals International Says Q4 Salt Sales Up

Compass Minerals International said Tuesday that as a result of above-average winter weather in its primary North American service areas, Q4 salt sales volumes were above prior-year results. The company sold approximately 3.0 million tons of highway deicing salt products in the fourth quarter of 2016, up 27% on last year. Sales of all salt products reached 3.7 million tons in the 2016 period compared to 3.0 million tons in […]

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