AP NEWS
Click to copy
Click to copy

Cornerstone: 2Q Earnings Snapshot

August 7, 2019

CARY, N.C. (AP) _ Cornerstone Building Brands, In (CNR) on Wednesday reported net income of $17.5 million in its second quarter.

On a per-share basis, the Cary, North Carolina-based company said it had profit of 14 cents. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.

The maker of products used in commercial buildings posted revenue of $1.3 billion in the period.

Cornerstone shares have dropped 18% since the beginning of the year. The stock has fallen 61% 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 CNR at https://www.zacks.com/ap/CNR

All contents © copyright 2019 The Associated Press. All rights reserved.