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Mine Safety Profit Rises
The Mine Safety Appliances(MSA Quote) said its fourth-quarter profit rose 37%.
The company earned $24.2 million, or 66 cents a share, compared with $17.7 million, or 47 cents a share, a year ago. Analysts surveyed by Thomson First Call were expecting earnings of 61 cents a share in the most recent quarter.
Revenue for the fourth quarter increased 8% to $241.9 million. The fourth quarter revenue improvement reflects growth in the company's North American segment, where revenue increased, 13% to $157.6 million. Analysts were expecting revenue of $234 million in the quarter. ...
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