Before the opening bell on Friday, two dividend paying companies announced their quarterly earnings. Below, we look at these earnings reports and break down the important points for investors.
1. Crown Crafts (CRWS) Misses Q4 Estimates
Crown Crafts (CRWS ) reported its Q4 numbers Friday morning. Its Q4 EPS of $0.21 was 2 cents lower than consensus estimates of $0.23.
The company however exceeded analyst expectations with a Q4 revenue of $26.1 million against the consensus figure of $24.84 million.
Crown Crafts did not post any guidance update with the Q4 results.
2. Optical Cable Corp (OCC) Reports Q3 Results
Optical Cable Corp (OCC ) third quarter earnings remained in the red with a Q3 EPS of ($0.08) as compared to ($0.02) over the same quarter last year.
Optical Cable Corp’s revenue also declined on a yearly basis with a Q3 revenue of $18.7 million compared to $20.2 million last year.
The company did not update its guidance with the current quarterly numbers.