Eastern posts 2Q profit - CBS News

posted on 03 Sep 2015 20:40 by daphne1vaughan07
Eastern posts 2Q profit Eastern posts 2Q profit

NAUGATUCK, Conn. (AP) _ Eastern Co. (EML) on Wednesday reported second-quarter net income of $585,000.

On a per-share basis, the Naugatuck, Connecticut-based company said it had net income of 9 cents.

The maker of locks and slotenmaker other security products posted revenue of $37 million in the period.

Eastern shares have increased slightly more than 4 percent since the beginning of the year. The stock has risen roughly 10 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EML at http://www.zacks.com/ap/EML


Keywords: Eastern, Earnings Report