Edition:
India

Lydall Q1 Adjusted Earnings Per Share $0.28


Wednesday, 1 May 2019 

April 30 (Reuters) - Lydall Inc ::LYDALL ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2019.Q1 ADJUSTED EARNINGS PER SHARE $0.28.Q1 EARNINGS PER SHARE $0.22.Q1 SALES $218 MILLION VERSUS REFINITIV IBES ESTIMATE OF $223.2 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.43 -- REFINITIV IBES DATA.QTRLY NON-GAAP ORGANIC SALES GROWTH OF 1.1%.EXPECT WEAKNESS TO PERSIST IN SEALING PRODUCTS END MARKETS DURING Q2.EBITDA WILL BE FAVORABLY IMPACTED BY INTERFACE ACQUISITION IN Q2.LYDALL - ANTICIPATE CONTINUED OPERATIONAL IMPROVEMENTS IN THERMAL ACOUSTICAL SOLUTIONS AND SEASONALLY HIGHER SALES IN TECHNICAL NONWOVENS IN Q1 VERSUS Q1.IN PERFORMANCE MATERIALS SEGMENT, ARE CONTINUING TO EXPERIENCE STABLE CONDITIONS IN FILTRATION MARKETS. 

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