Standex International Q1 adjusted EPS USD 2.41 vs. IBES estimate USD 2.33
SXI•Standex International reported Q1 adjusted EPS of USD 2.41, sales of USD 232.6 million versus an IBES estimate of USD 228.8 million, and operating income of USD 40.4 million.
1. Q1 results
Standex International reported Q1 adjusted EBITDA of USD 51.2 million and adjusted operating income of USD 47 million. EBIT margin was 17.4% and adjusted EBIT margin was 20.2%; reported EPS was USD 1.99.
