Milacron Holdings: 2Q Earnings Snapshot

CINCINNATI (AP) _ Milacron Holdings Corp. (MCRN) on Thursday reported second-quarter earnings of $14.9 million.

On a per-share basis, the Cincinnati-based company said it had profit of 21 cents. Earnings, adjusted for one-time gains and costs, were 48 cents per share.

The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 48 cents per share.

The industrial technology company posted revenue of $328.1 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $321.7 million.

Milacron Holdings shares have risen slightly more than 4 percent since the beginning of the year. The stock has increased 4.5 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCRN at https://www.zacks.com/ap/MCRN