AstroNova (NASDAQ:ALOT) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS

AstroNova (NASDAQ:ALOT) released its quarterly earnings results on Wednesday. The business services provider reported $0.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.04, MarketWatch Earnings reports. AstroNova had a return on equity of 1.76% and a net margin of 1.11%.

Shares of NASDAQ:ALOT traded down $0.36 during midday trading on Friday, hitting $15.20. 24,055 shares of the stock were exchanged, compared to its average volume of 24,465. The business’s 50-day simple moving average is $15.66. AstroNova has a 12 month low of $6.16 and a 12 month high of $18.05. The firm has a market cap of $109.64 million, a PE ratio of 84.45, a price-to-earnings-growth ratio of 3.76 and a beta of 0.79. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.90 and a quick ratio of 1.46.

Separately, Zacks Investment Research cut AstroNova from a “buy” rating to a “hold” rating in a report on Wednesday, May 26th.

AstroNova Company Profile

AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally. The company operates through two segments, Product Identification (PI) and Test & Measurement (T&M).

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Earnings History for AstroNova (NASDAQ:ALOT)

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