Revenue Update on Standex Int'l Corp.(NYSE:SXI)

Standex Int'l Corp.(NYSE:SXI) announced the earnings results for Fiscal Year 2017 and Q2. The results came in during Pre-Market on Feb 3, 2017. Company reported revenue of $173.854M. Analysts estimated a revenue of $175.750M. The revenues were -1.08% below the estimates. Earnings per share were $1.01. The reported EPS was above estimates by 2.02%. Analysts had estimated an EPS of $0.99.

Standex Int'l Corp. (SXI) shares turned negative on Tuesdays trading session with the shares closing down -0.69 points or -0.71% at a volume of 74,647. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $97.95. The peak price level was also seen at $97.95 while the days lowest was $95. Finally the shares closed at $96.65. The 52-week high of the shares is $99.8 while the 52-week low is $65.7. According to the latest information available, the market cap of the company is $1,232 M.

Several Insider Transactions has been reported to the SEC. On Nov 28, 2016, Paul C. Burns (Vice Pres. Corp Development) sold 1,707 shares at $89.25 per share price.Also, On Nov 18, 2016, David A. Dunbar (President/CEO) sold 4,455 shares at $87.80 per share price.On Nov 17, 2016, Gerald H Fickenscher (director) sold 2,000 shares at $87.76 per share price, according to the Form-4 filing with the securities and exchange commission.

Standex International Corporation is a diversified manufacturing company for diverse commercial and industrial market segments. The Company has 11 operating segments aggregated and organized into five segments: Food Service Equipment Group Engraving Group Engineering Technologies Group (ETG) Electronics Products Group and Hydraulics Products Group. The Food Service Equipment business products are used throughout the entire commercial food service process. The Engraving Group is a single source texture solutions supplier for Original Equipment Manufacturers (OEMs). The ETG provides engineered parts in all workable metal alloys. The Electronics Products Group manufactures custom magnetic sensing and electromechanical components; fluid level sensors flow pressure proximity conductive and inductive sensors; electronics assemblies and magnetic components. The Hydraulics Products Group manufactures mobile hydraulic cylinders and piston rod hydraulic cylinders.

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