earnings
confidence high
sentiment positive
materiality 0.70
Art's-Way posts Q2 net income $64K vs loss $802K; sales up 4.8% YoY
ARTS WAY MANUFACTURING CO INC
2021-Q2 EPS reported
-$0.06
revenue$11,110,800
- Q2 sales $5.71M, up 4.8% from $5.45M; net income $64K vs net loss $802K a year ago.
- EPS $0.01 diluted vs ($0.18); six-month net loss narrows to $251K from $1.24M.
- Agricultural segment sales +25.6% to $3.86M; modular buildings -33.6% to $1.19M.
- Six-month operating loss improves to $220K from $1.39M; strong backlog for H2.
- Supply chain constraints and rising raw-material costs; prices raised twice in FY2021.