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Haynes International: Fiscal Q4 Earnings Snapshot
By AP News - Nov 16, 2023, 04:24 PM ET
Last Updated - Nov 16, 2023, 04:25 PM EST
KOKOMO, Ind. (AP) — KOKOMO, Ind. (AP) — Haynes International Inc. (HAYN) on Thursday reported fiscal fourth-quarter profit of $13.1 million.
The Kokomo, Indiana-based company said it had profit of $1.02 per share.
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The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.
The alloy products maker posted revenue of $160.6 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $163.8 million.
For the year, the company reported profit of $42 million, or $3.26 per share. Revenue was reported as $590 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAYN at https://www.zacks.com/ap/HAYN
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