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Dec 01, 2019
Park Aerospace Q3 2020 Earnings Report
Reported third quarter results and declared a special cash dividend.
Key Takeaways
Park Aerospace Corp. reported increased net sales and net earnings from continuing operations for the third quarter of fiscal year 2020 compared to the same quarter of the previous year. The company also declared a special cash dividend of $1.00 per share.
Net sales from continuing operations increased to $15.847 million, compared to $12.853 million in the prior year's third quarter.
Net earnings from continuing operations rose to $2.806 million, up from $2.078 million in the third quarter of the previous fiscal year.
Basic and diluted earnings per share from continuing operations were $0.14, compared to $0.10 in the prior year's third quarter.
A special cash dividend of $1.00 per share was declared, payable on February 20, 2020.
Forward Guidance
Forward-looking and other material information may be discussed in the conference call.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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