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Stock impact report

Core Molding Technologies (CMT) Surpasses Q2 Earnings and Revenue Estimates [Yahoo! Finance]

Core Molding Technologies Inc (CMT) 
Company Research Source: Yahoo! Finance
This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 73.81%. A quarter ago, it was expected that this maker of fiber reinforced plastics would post earnings of $0.26 per share when it actually produced earnings of $0.43, delivering a surprise of 65.38%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Core Molding Technologies , which belongs to the Zacks Rubber - Plastics industry, posted revenues of $88.74 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 12.69%. This compares to year-ago revenues of $97.73 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the ear Show less Read more
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