07.11.2014 13:25:57
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Ply Gem Holdings Q3 Profit Rises - Quick Facts
(RTTNews) - Ply Gem Holdings, Inc. (PGEM) reported third-quarter net income of $21.4 million, up from $16.9 million in the comparable quarter last year. Earnings per share attributable to common shareholders rose to $0.32 from $0.25 last year.
On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.31 for the quarter. Analyst's estimates typically exclude special items.
Net sales increased 7.5% to $437.85 million from $407.43 million, last year, while 8 analysts expected revenue of $444.77 million for the quarter. The company said its Simonton acquisition, which was completed on September 19, 2014, impacted net sales by approximately $7,2 million during the quarter ended Septemberr 27, 2014. The remaining increase related to improvement in the base business quarter to quarter.
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