Morguard North American Q2 FFO $0.42 Misses $0.43 Estimate, Sales $87.214M Beat $86.940M Estimate

Morguard North American (TSX:MRG) reported quarterly earnings of $0.42 per share which missed the analyst consensus estimate of $0.43 by 2.33 percent. This is a 2.44 percent increase over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $87.214 million which beat the analyst consensus estimate of $86.940 million by 0.32 percent. This is a 1.49 percent decrease over sales of $88.537 million the same period last year.