Intertape Polymer Group (ITPOF) Issues Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Intertape Polymer Group (OTCMKTS:ITPOF) released its quarterly earnings data on Wednesday. The industrial products company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.02), reports. The company had revenue of $287.66 million during the quarter. Intertape Polymer Group had a net margin of 5.97% and a return on equity of 19.09%. Intertape Polymer Group updated its FY 2019 guidance to EPS.

Shares of ITPOF traded down $0.04 during mid-day trading on Thursday, hitting $14.10. The company’s stock had a trading volume of 690 shares, compared to its average volume of 1,071. Intertape Polymer Group has a 52-week low of $10.91 and a 52-week high of $16.83. The stock has a market capitalization of $827.14 million, a PE ratio of 16.03 and a beta of 1.32. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.18 and a current ratio of 2.43.

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Intertape Polymer Group Company Profile

Intertape Polymer Group Inc, together with its subsidiaries, operates in the packaging industry in Canada, the United States, and internationally. It develops, manufactures, and sells various paper and film based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin films, woven coated fabrics, and complementary packaging systems for industrial and retail use.

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Earnings History for Intertape Polymer Group (OTCMKTS:ITPOF)

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