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What is happening to Milacron?

What is happening to Milacron?
Asked by
Nick Robinson categorie-icon time-icon2 months ago
1 Answer Answer Question

Ilija Rankovic
Answered time-icon2 months ago

Milacron (MCRN) reported its Q1 2019 results, and the results are not exactly what the investors were hoping for. Both the earnings and revenues have declined from the past year’s results, and the stock’s price drop has been complimenting the business side of the company. Shares of Milacron Holdings Corp. (MCRN) fell 34% in price over the past year, while the industry declined 24%.

Milacron reported its adjusted earnings for Q1 2019 to be 31% lower than the prior-year quarter, while its revenues declined by 13.9% when compared to the previous year’s results.  

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