Marine Prods Q1 EPS $0.06 Misses $0.08 Estimate, Sales $59.00M Miss $65.90M Estimate

Marine Prods (NYSE:MPX) reported quarterly earnings of $0.06 per share which missed the analyst consensus estimate of $0.08 by 25 percent. This is a 53.85 percent decrease over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $59.00 million which missed the analyst consensus estimate of $65.90 million by 10.47 percent. This is a 14.91 percent decrease over sales of $69.34 million the same period last year.