Known from:
ntv-logo sky-logo comedy-central-logo

Milacron (MCRN) on a heavy decline, down 34% in a year

  • 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.