Multi-Color (LABL) Stock Declined on Weak Earnings Results

NEW YORK (TheStreet) -- Multi-Color (LABL) shares closed trading down 4.81% to $60.97 in trading on Friday after the consumer products label maker reported its fourth quarter earnings results before the opening bell today.

The Batavia, OH-based company reported fourth quarter net income of $11.6 million, or 74 cents per share, on revenue of $205.5 million.

Analysts on average were expecting the company to earn 81 cents per share. Analysts did not provide consensus revenue expectations.

TheStreet Ratings team rates MULTI-COLOR CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate MULTI-COLOR CORP (LABL) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, reasonable valuation levels and growth in earnings per share. We feel its strengths outweigh the fact that the company shows weak operating cash flow."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

LABL Chart LABL data by YCharts

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