Sypris Solutions (SYPR) Issues Earnings Results, Misses Estimates By $0.08 EPS

Sypris Solutions (SYPR) Issues  Earnings Results, Misses Estimates By $0.08 EPS

Sypris Solutions (NASDAQ:SYPR) issued its earnings results on Wednesday. The auto parts company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.08), MarketWatch Earnings reports. Sypris Solutions had a negative return on equity of 32.60% and a negative net margin of 3.98%. Sypris Solutions updated its FY 2019 guidance to EPS.

Shares of NASDAQ:SYPR opened at $0.95 on Thursday. Sypris Solutions has a 52 week low of $0.70 and a 52 week high of $1.82. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.57 and a quick ratio of 0.93.

Sypris Solutions Company Profile

Sypris Solutions, Inc provides truck components, oil and gas pipeline components, and aerospace and defense electronics in the United States and Mexico. It operates through two segments, Sypris Technologies and Sypris Electronics. The Sypris Technologies segment supplies forged and machined components for the commercial vehicle, off highway vehicle, light truck, automotive, and energy markets.

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