- Milacron (MCRN) reported its not-so-positive Q1 2019 results;
- As a result of the decline in business, shares of MCRN fell 34% over the past year;
- Company’s EPS came out 31% lower than the previous year, revenues declined 13.9%.
Milacron (MCRN) reported its Q1 2019 results, where both the earnings and revenues declined from the past year’s results. As a result, shares of Milacron Holdings Corp. (MCRN) fell 34% in price over the past year. This result can be compared with the industry’s cumulative decline of 24%.
Milacron reported adjusted earnings for Q1 2019 to be 31% lower than the prior-year quarter. The company’s revenues fell 13.9% when compared to the previous year’s results.