Lydall, Inc. (NYSE:LDL) is reporting third quarter financial results on Tuesday 27th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, LDL is expected to report 3Q20 loss of $ 0.11 per share from revenue of $ 164.90 million.
For the full year, analysts anticipate top line of $ 702.70 million, while looking forward to loss of $ 0.17 per share bottom line.
Previous Quarter Performance
Lydall, Inc. announced loss for the second quarter of $ 0.27 per share, from the revenue of $ 146.16 million. The quarterly revenues down 33.81 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.77 per share from $ 146.90 million in revenue. The bottom line results beat street analysts by $ 0.5 or 64.94 percent, at the same time, top line results fell short of analysts by $ 0.74 million or 0.5 percent.
Stock Performance
Shares of Lydall, Inc. traded low $ -0.11 or -0.59 percent on Friday, reaching $ 18.69 with volume of 80.10 thousand shares. Lydall, Inc. has traded high as $ 18.96 and has cracked $ 18.50 on the downward trend
According to the previous trading day, closing price of $ 18.69, representing a 292.48 % increase from the 52 week low of $ 4.79 and a 26.22 % decrease over the 52 week high of $ 25.48.
The company has a market capital of $ 331.95 million and is part of the Consumer Cyclical sector and Auto Parts industry.
Lydall, Inc. designs, manufactures, and markets specialty engineered filtration media, industrial thermal insulating solutions, and automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications worldwide. It operates through Performance Materials, Technical Nonwovens, and Thermal Acoustical Solutions segments.
