Small Cap Movers

Ameron International craters, as Q3 results fall below the Street

Jennifer Schonberger | Sep 25, 2008 12:57pm EDT | Comment
Rating: Unrated

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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Jennifer Schonberger

About the Author
Reporter Jennifer Schonberger is based in SmallCapInvestor.com's Washington, D.C. bureau.