Lamson & Sessions Raises Fourth-Quarter Earnings Estimate

Lamson & Sessions Co., Cleveland, said profit and sales will come in above expectations during the fourth quarter due to price increases.

The company is raising fourth-quarter profit to a range of $10.5 million to $11.3 million. The guidance is more than double the company’s previous estimate of between $4.6 million to $5 million — and up from last year’s results of $1.3 million.

Sales are expected between $125 million to $130 million, well above its prior estimate of $110

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