Libbey (LBY) to Release Earnings on Thursday

Libbey (NYSEAMERICAN:LBY) will release its earnings data before the market opens on Thursday, August 1st. Analysts expect Libbey to post earnings of ($0.23) per share for the quarter.

Libbey (NYSEAMERICAN:LBY) last issued its quarterly earnings data on Tuesday, April 30th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.05). The company had revenue of $175.65 million for the quarter.

NYSEAMERICAN LBY traded up $0.03 during trading hours on Tuesday, reaching $1.57. The company’s stock had a trading volume of 2,085 shares, compared to its average volume of 208,993. Libbey has a 52 week low of $1.45 and a 52 week high of $11.54.

In related news, CEO Michael P. Bauer acquired 10,000 shares of Libbey stock in a transaction dated Friday, May 10th. The stock was bought at an average price of $2.54 per share, with a total value of $25,400.00. Following the transaction, the chief executive officer now directly owns 1,200 shares in the company, valued at approximately $3,048. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Brigade Capital Management, Lp sold 320,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $1.75, for a total transaction of $560,000.00. The disclosure for this sale can be found here.

Separately, Zacks Investment Research upgraded shares of HB Fuller from a “sell” rating to a “hold” rating in a report on Wednesday, July 3rd.

About Libbey

Libbey Inc designs, produces, and sells tableware and other products in the United States, Canada, Latin America, Europe, the Middle East, Africa, and internationally. It offers glass tableware products, including tumblers, stemware, mugs, bowls, vases, salt and pepper shakers, shot glasses, canisters, candleholders, and other items; storage ware; serve ware; bakeware; handmade glass tableware; and other components for original equipment manufacturers, such as blender jars and mixing bowls.

Further Reading: Why do analysts give a neutral rating?

Earnings History for Libbey (NYSEAMERICAN:LBY)

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