Earnings roundup: Drew Industries, Hain Celestial
Among the earnings stories for Monday, May 5, from AP Financial News:
WHITE PLAINS, N.Y. (AP) -- Drew Industries Inc. said Monday its first-quarter profit dipped 5 percent on a decline in recreational vehicle industry production, but results managed to top analysts' estimates.
MELVILLE, N.Y. (AP) -- Hain Celestial Group Inc., which makes natural and organic food and personal care products, said Monday its third quarter profit dropped 33 percent due to one-time expenses and costs.
HACKENSACK, N.J. (AP) -- Information technology company Ness Technologies Inc. said Monday its first-quarter profit rose 17 percent on strong European sales.
PORTLAND, Ore. (AP) -- Portland General Electric Co. said Monday costlier natural gas offset higher deliveries to reduce first-quarter profit 49 percent, missing analyst estimates.
BRIDGEWATER, N.J. (AP) -- Pharmaceutical and veterinary medicine manufacturer Alpharma Inc. said Monday its first-quarter profit increased more than tenfold as sales jumped on the launch of the Flector pain patch.
STAMFORD, Conn. (AP) -- Telecom service provider Citizens Communications Co. said Monday its first-quarter profit dropped 33 percent, weighed down by increased operating expenses.
