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News

Earnings for June 12 (OCC, CRWS)

Jeff Valks Jun 12, 2015


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


Earnings

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.

Revenue

The company however exceeded analyst expectations with a Q4 revenue of $26.1 million against the consensus figure of $24.84 million.

Outlook

Crown Crafts did not post any guidance update with the Q4 results.


2. Optical Cable Corp (OCC) Reports Q3 Results


Earnings

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.

Revenue

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.

Outlook

The company did not update its guidance with the current quarterly numbers.

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