Haynes International Inc Issues Q1 2014 Guidance Below Analysts' Estimates; Declares Dividend

Thursday, 21 Nov 2013 04:00pm EST 

Haynes International Inc announced that for the first quarter of 2014, it expects revenue to be lower than revenue for the fourth quarter of 2013 and to incur a net loss. The Company reported revenue of $115.66 million in the fourth quarter of 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $115 million and EPS of $0.31 for the first quarter of 2014. The Company also announced that the Board of Directors declared a regular quarterly cash dividend of $0.22 per outstanding share of the Company's common stock. The dividend is payable December 16, 2013 to stockholders of record at the close of business on December 2, 2013. 

Company Quote

0.68 +1.48%
21 Nov 2014