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Shiloh: Fiscal 3Q Earnings Snapshot

September 5, 2019

VALLEY CITY, Ohio (AP) _ Shiloh Industries Inc. (SHLO) on Thursday reported a fiscal third-quarter loss of $2.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Valley City, Ohio-based company said it had a loss of 11 cents. Earnings, adjusted for restructuring costs and amortization costs, came to 4 cents per share.

The automotive lightweighting company posted revenue of $263.4 million in the period.

Shiloh expects full-year revenue in the range of $1 billion to $1.15 billion.

The company’s shares closed at $4.35. A year ago, they were trading at $8.83.


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

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