Ameron International craters, as Q3 results fall below the Street
Shares of Ameron International Corp. (NYSE:AMN) have plunged 30% midday after the manufacturer of materials for the chemical, industrial, energy, transportation, and infrastructure industries reported fiscal third-quarter earnings after Wednesday’s close that declined 30% from the year-ago period and fell short of the consensus on Wall Street. As the company grappled with difficult market and economic conditions, revenues also fell short of the Street.
Shares tumbled 30%, or $32.21, to $75.93 midday. For detailed price information and news stories on Ameron International, click AMN.
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