north bergen,new jersey 4/1/2010 5:00:02 AM
News / Business

Ameron Industrial Corp. Issues a 72% Decrease in Profits.

Ameron International Corp Reports Stumbling Profits in the First Quarter.

Ameron International Corp. (NYSE:AMN) said Wednesday first-quarter profits plunged 72 percent. Ameron International Corp. trades on the “New York Stock Exchange” under the stock symbol “AMN”. For More information regarding “AMN”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.

 

 

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Industrial pipeline maker Ameron International Corp. (NYSE:AMN) said Wednesday first-quarter profits plunged 72 percent as severe weather cut into what is already a traditionally slow period for the industry.

 

The company earned $1.1 million, or 12 cents per share, compared with profit of $3.8 million, or 41 cents per share, during the same period a year prior. Sales fell 25 percent to $109 million from $146 million.

 

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