Intertape Polymer Group Inc. (ITPOF) Posts Quarterly Earnings Results, Misses Estimates By $0.06 EPS

Intertape Polymer Group Inc. (OTCMKTS:ITPOF) announced its quarterly earnings results on Friday. The industrial products company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.23 by $0.06, MarketWatch Earnings reports. Intertape Polymer Group had a net margin of 6.67% and a return on equity of 27.87%.

Shares of Intertape Polymer Group (ITPOF) traded down 5.66% during midday trading on Friday, reaching $16.68. The company had a trading volume of 2,023 shares. Intertape Polymer Group has a 52 week low of $15.25 and a 52 week high of $20.05. The company’s 50 day moving average price is $19.16 and its 200-day moving average price is $17.94. The company has a market capitalization of $986.21 million, a P/E ratio of 18.33 and a beta of 1.15.

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About Intertape Polymer Group

Intertape Polymer Group Inc operates in the specialty packaging industry. The Company develops, manufactures and sells a range of paper and film-based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin packaging films, woven coated fabrics and complementary packaging systems for industrial and retail use.

Earnings History for Intertape Polymer Group (OTCMKTS:ITPOF)

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