Benzinga | Apr 21, 2021 06:47AM EDT

Universal Stainless Q1 Adj. EPS $(0.29) Beats $(0.64) Estimate, Sales $37.00M Beat $33.89M Estimate

Universal Stainless (NASDAQ:USAP) reported quarterly losses of $(0.29) per share which beat the analyst consensus estimate of $(0.64) by 54.69 percent. This is a 81.25 percent decrease over losses of $(0.16) per share from the same period last year. The company reported quarterly sales of $37.00 million which beat the analyst consensus estimate of $33.89 million by 9.18 percent. This is a 36.75 percent decrease over sales of $58.49 million the same period last year.