Lydall (NYSE:LDL) Posts Quarterly Earnings Results, Misses Expectations By $0.34 EPS

Lydall (NYSE:LDL) issued its earnings results on Wednesday. The auto parts company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.34), reports. Lydall had a positive return on equity of 3.26% and a negative net margin of 8.42%. The business had revenue of $193.29 million for the quarter, compared to analyst estimates of $198.09 million. During the same period last year, the business posted $0.52 EPS. Lydall’s revenue was down 7.9% on a year-over-year basis.

LDL stock traded down $0.57 on Friday, reaching $11.91. The company’s stock had a trading volume of 332,525 shares, compared to its average volume of 122,116. Lydall has a 52 week low of $11.75 and a 52 week high of $29.26. The company has a market capitalization of $224.64 million, a P/E ratio of -2.92 and a beta of 1.91. The firm has a fifty day moving average of $21.30 and a two-hundred day moving average of $21.23. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.22 and a quick ratio of 1.60.

Lydall Company Profile

Lydall, Inc designs, manufactures, and markets specialty engineered filtration media, industrial thermal insulating solutions, and automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications worldwide. It operates through Performance Materials, Technical Nonwovens, and Thermal Acoustical Solutions segments.

Read More: Do You Need a Fiduciary?

Earnings History for Lydall (NYSE:LDL)

Receive News & Ratings for Lydall Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lydall and related companies with's FREE daily email newsletter.