Ampco-Pittsburgh Corporation (NYSE: AP) Announces Third Quarter 2024 Results
Ampco-Pittsburgh Corporation (AP)
Last ampco-pittsburgh corporation earnings: 11/7 08:20 am
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Source: Business Wire
Operating income of $1.9 million in Q3 2024 and $7.0 million year-to-date.Improved margins in Forged and Cast Engineered Products lead operating results higher than prior year.Strong U.S. forged business results including impact of new equipment more than offsets cyclically weak cast roll demand.Higher sequential backlog in Q3 2024 vs Q2 2024 led by higher roll order intake. CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) reported net sales of $96.2 million and $317.4 million for the three and nine months ended September 30, 2024, respectively, compared to $102.2 million and $314.2 million for the three and nine months ended September 30, 2023, respectively. The net sales decline for the three months ended September 30, 2024, compared to the prior year was attributable to lower shipment volumes and lower surcharge pass-through revenues in the Forged and Cast Engineered Products segment while the net sales increase for the nine months ended September 30, 2024
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News
- Ampco-Pittsburgh Third Quarter 2024 Earnings: US$0.098 loss per share (vs US$0.041 profit in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Ampco-Pittsburgh Corp (AP) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
- Ampco-Pittsburgh Schedules Third Quarter 2024 Earnings Conference CallBusiness Wire
- Ampco-Pittsburgh (NYSE:AP) Is Doing The Right Things To Multiply Its Share Price [Yahoo! Finance]Yahoo! Finance
- Ampco-Pittsburgh Subsidiary Announces Customer Contract Win [Yahoo! Finance]Yahoo! Finance
AP
Earnings
- 8/12/24 - Beat
AP
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 8-K
- 11/12/24 - Form 10-Q
- AP's page on the SEC website