Neo Performance Materials Q2 Adj. EPS $0.51 Beats $0.40 Estimate, Sales $205.748M Beat $169.140M Estimate

Neo Performance Materials (TSX:NEO) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.40 by 27.5 percent. This is a 183.33 percent increase over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $205.748 million which beat the analyst consensus estimate of $169.140 million by 21.64 percent. This is a 79.38 percent increase over sales of $114.700 million the same period last year.