Joy Global Inc. Earnings: Profits Climb By Double Figures Again
Joy Global Inc. Earnings Cheat Sheet
Results: Net income for Joy Global Inc. rose to $212.6 million ($1.99 per share) vs. $172.3 million ($1.62 per share) in the same quarter a year earlier. This marks a rise of 23.3% from the year-earlier quarter.
Revenue: Rose 19.4% to $1.59 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: Joy Global Inc. beat the mean analyst estimate of $1.90 per share. It beat the average revenue estimate of $1.43 billion.
Sentiment: Buy