earnings
confidence high
sentiment positive
materiality 0.55
CompX Q1 2023 EPS rises to $0.49 from $0.40; operating income up 11%
COMPX INTERNATIONAL INC
2023-Q1 EPS reported
$0.49
revenue$41,151,000
- Sales of $41.2M vs $42.1M in Q1 2022, down 2.1%.
- Operating income $7.0M, up from $6.3M; net income $6.1M ($0.49 per share) vs $5.0M ($0.40).
- Security Products sales fell on lower government and healthcare demand; Marine Components sales rose.
- Interest income increased on higher rates and investment balances, partly offset by lower Valhi note.