Standex International (SXI) Misses Q3 Earnings and Revenue Estimates

Standex International reported quarterly EPS of $2.21, just below the Zacks Consensus Estimate of $2.22 and up from $1.95 a year ago. The result is essentially in line with expectations, with a modest year-over-year improvement but a 1-cent miss versus consensus. The headline is likely to be a limited catalyst for the stock absent additional guidance or revenue details.

Analysis

Standex International reported quarterly EPS of $2.21, just below the Zacks Consensus Estimate of $2.22 and up from $1.95 a year ago. The result is essentially in line with expectations, with a modest year-over-year improvement but a 1-cent miss versus consensus. The headline is likely to be a limited catalyst for the stock absent additional guidance or revenue details.