Ampco-Pittsburgh Corporation Announces First Quarter 2019 Results and Plan to Exit U.S. Cast Roll Manufacturing Facility

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Go back to Ampco-Pittsburgh Corporation Announces First Quarter 2019 Results and Plan to Exit U.S. Cast Roll Manufacturing Facility

Ampco-Pittsburgh (AP) Reports Q1 Loss of $1.00, Revenues Beat

May 10, 2019 8:00 AM EDT

Ampco-Pittsburgh (NYSE: AP) reported Q1 EPS of ($1.00), versus $0.12 reported last year. Revenue for the quarter came in at $107.49 million versus the consensus estimate of $95.82 million.

CEO Commentary

Commenting on the quarters results, Brett McBrayer, Ampco-Pittsburghs Chief Executive Officer said, The anticipated divestiture of our U.S. cast roll facility and reduction in... More