AEP Industries (AEPI) Posts Quarterly Earnings Results, Misses Estimates By $1.18 EPS

AEP Industries (NASDAQ: AEPI) posted its quarterly earnings results on Monday. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.22 by $1.18, AnalystRatingsNetwork.com reports. The company had revenue of $284.30 million for the quarter, compared to the consensus estimate of $296.70 million.

AEP Industries (NASDAQ: AEPI) traded down 19.62% on Monday, hitting $66.25. AEP Industries has a 52-week low of $33.35 and a 52-week high of $75.75. The stock’s 50-day moving average is currently $71.43. The company has a market cap of $366.7 million and a price-to-earnings ratio of 15.49.

AEP Industries Inc. is a manufacturer of plastic packaging films in North America. The Company manufactures and markets a range of polyethylene and polyvinyl chloride flexible packaging products, with consumer, industrial and agricultural applications.

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