SHLO), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=SHLO, following the Company's posting of its financial results on August 29, 2017, for the third quarter fiscal 2017. The Company's net revenue increased 3.2% on a y-o-y basis. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member's account at:

http://protraderdaily.com/register/

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on SHLO. With the links below you can directly download the report of your stock of interest free of charge at:

http://protraderdaily.com/optin/?symbol=SHLO

Earnings Reviewed

For three months ended July 31, 2017, Shiloh Industries' net revenue increased 3.2% to $256.85 million from $248.83 million in Q3 FY16. The increase was due to increase in production volume of automotive and light truck in Europe and growth in production of commercial vehicle in North America and Europe.

For the reported quarter, the Company's gross profit increased 20.7% to $28.86 million from $23.91 million in Q3 FY16. During Q3 FY17, Shiloh Industries' gross margin increased 160 basis points to 11.2% of revenue from 9.6% of revenue in Q3 FY16. The increase was due to favorable product mix and operational efficiencies.

During Q3 FY17, Shiloh Industries' earnings before interest, tax, depreciation, and amortization (EBITDA) increased 15.7% to $17.09 million from $14.77 million in Q3 FY16. For the reported quarter, the Company's adjusted EBITDA decreased 12.1% to $18.45 million from $16.46 million in Q3 FY16. During Q3 FY17, the Company's adjusted EBITDA margin increased 60 basis points to 7.2% of revenue from 6.6% of revenue in Q3 FY16.

For the reported quarter, Shiloh Industries' selling, general, and administrative (SG&A) expenses increased 21.1% to $21.25 million from $17.55 million in Q3 FY16. During Q3 FY17, the Company's depreciation and amortization (D&A) expenses increased 14.7% to $10.85 million from $9.46 million in Q3 FY16.

During Q3 FY17, the Company's operating income increased 21.4% to $7.04 million from $5.80 million in Q3 FY16. For the reported quarter, Shiloh Industries' operating margin increased 40 basis points to 2.7% of revenue from 2.3% of revenue in Q3 FY16.

During Q3 FY17, Shiloh Industries' net loss was $1.98 million compared to net loss of $678,000 in Q3 FY16. During Q3 FY17, the Company's diluted EPS was negative $0.11 compared to negative $0.04 in Q3 FY16. During Q3 FY17, the company's adjusted diluted EPS increased 133.3% to $0.07 on a y-o-y basis from $0.03 in Q3 FY16.

Balance Sheet

As on July 31, 2017, Shiloh Industries' cash and cash equivalents increased 64% to $14.27 million from $8.70 million in Q4 FY16. During Q3 FY17, the Company's net accounts receivable decreased 14.9% to $156.47 million from $183.86 million in Q4 FY16.

During Q3 FY17, the Company's net inventories increased 2.9% to $62.23 million from $60.55 million in Q4 FY16.

During Q3 FY17, the Company's accounts payable decreased 6.6% to $148.09 million from $158.51 million in Q4 FY16. During Q3 FY17, the Company's long-term debt decreased 31% to $177.28 million from $256.92 million in Q4 FY16.

During Q3 FY17, the Company's YTD cash provided by operating activities was $69.52 million compared to $49.52 million in the same period last year.

Stock Performance

On Tuesday, September 19, 2017, the stock closed the trading session at $9.15, slightly up 0.55% from its previous closing price of $9.10. A total volume of 414.05 thousand shares have exchanged hands, which was higher than the 3-month average volume of 346.47 thousand shares. Shiloh Industries' stock price skyrocketed 12.41% in the last one month and 30.71% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have soared 32.42%. The stock is trading at a PE ratio of 24.86 and currently has a market cap of $213.93 million.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 475896

"/> Earnings Review and Free Research Report: Shiloh Industries’ Adjusted Diluted EPS Soared 133.3% « MarketersMedia – Press Release Distribution Services – News Release Distribution Services

Earnings Review and Free Research Report: Shiloh Industries’ Adjusted Diluted EPS Soared 133.3%

LONDON, UK / ACCESSWIRE / September 20, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Shiloh Industries, Inc. (NASDAQ: SHLO), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=SHLO, following the Company's posting of its financial results on August 29, 2017, for the third quarter fiscal 2017. The Company's net revenue increased 3.2% on a y-o-y basis. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member's account at:

http://protraderdaily.com/register/

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on SHLO. With the links below you can directly download the report of your stock of interest free of charge at:

http://protraderdaily.com/optin/?symbol=SHLO

Earnings Reviewed

For three months ended July 31, 2017, Shiloh Industries' net revenue increased 3.2% to $256.85 million from $248.83 million in Q3 FY16. The increase was due to increase in production volume of automotive and light truck in Europe and growth in production of commercial vehicle in North America and Europe.

For the reported quarter, the Company's gross profit increased 20.7% to $28.86 million from $23.91 million in Q3 FY16. During Q3 FY17, Shiloh Industries' gross margin increased 160 basis points to 11.2% of revenue from 9.6% of revenue in Q3 FY16. The increase was due to favorable product mix and operational efficiencies.

During Q3 FY17, Shiloh Industries' earnings before interest, tax, depreciation, and amortization (EBITDA) increased 15.7% to $17.09 million from $14.77 million in Q3 FY16. For the reported quarter, the Company's adjusted EBITDA decreased 12.1% to $18.45 million from $16.46 million in Q3 FY16. During Q3 FY17, the Company's adjusted EBITDA margin increased 60 basis points to 7.2% of revenue from 6.6% of revenue in Q3 FY16.

For the reported quarter, Shiloh Industries' selling, general, and administrative (SG&A) expenses increased 21.1% to $21.25 million from $17.55 million in Q3 FY16. During Q3 FY17, the Company's depreciation and amortization (D&A) expenses increased 14.7% to $10.85 million from $9.46 million in Q3 FY16.

During Q3 FY17, the Company's operating income increased 21.4% to $7.04 million from $5.80 million in Q3 FY16. For the reported quarter, Shiloh Industries' operating margin increased 40 basis points to 2.7% of revenue from 2.3% of revenue in Q3 FY16.

During Q3 FY17, Shiloh Industries' net loss was $1.98 million compared to net loss of $678,000 in Q3 FY16. During Q3 FY17, the Company's diluted EPS was negative $0.11 compared to negative $0.04 in Q3 FY16. During Q3 FY17, the company's adjusted diluted EPS increased 133.3% to $0.07 on a y-o-y basis from $0.03 in Q3 FY16.

Balance Sheet

As on July 31, 2017, Shiloh Industries' cash and cash equivalents increased 64% to $14.27 million from $8.70 million in Q4 FY16. During Q3 FY17, the Company's net accounts receivable decreased 14.9% to $156.47 million from $183.86 million in Q4 FY16.

During Q3 FY17, the Company's net inventories increased 2.9% to $62.23 million from $60.55 million in Q4 FY16.

During Q3 FY17, the Company's accounts payable decreased 6.6% to $148.09 million from $158.51 million in Q4 FY16. During Q3 FY17, the Company's long-term debt decreased 31% to $177.28 million from $256.92 million in Q4 FY16.

During Q3 FY17, the Company's YTD cash provided by operating activities was $69.52 million compared to $49.52 million in the same period last year.

Stock Performance

On Tuesday, September 19, 2017, the stock closed the trading session at $9.15, slightly up 0.55% from its previous closing price of $9.10. A total volume of 414.05 thousand shares have exchanged hands, which was higher than the 3-month average volume of 346.47 thousand shares. Shiloh Industries' stock price skyrocketed 12.41% in the last one month and 30.71% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have soared 32.42%. The stock is trading at a PE ratio of 24.86 and currently has a market cap of $213.93 million.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 475896

LONDON, UK / ACCESSWIRE / September 20, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Shiloh Industries, Inc. (NASDAQ: SHLO), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=SHLO, following the Company's posting of its financial results on August 29, 2017, for the third quarter fiscal 2017. The Company's net revenue increased 3.2% on a y-o-y basis. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member's account at:

http://protraderdaily.com/register/

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on SHLO. With the links below you can directly download the report of your stock of interest free of charge at:

http://protraderdaily.com/optin/?symbol=SHLO

Earnings Reviewed

For three months ended July 31, 2017, Shiloh Industries' net revenue increased 3.2% to $256.85 million from $248.83 million in Q3 FY16. The increase was due to increase in production volume of automotive and light truck in Europe and growth in production of commercial vehicle in North America and Europe.

For the reported quarter, the Company's gross profit increased 20.7% to $28.86 million from $23.91 million in Q3 FY16. During Q3 FY17, Shiloh Industries' gross margin increased 160 basis points to 11.2% of revenue from 9.6% of revenue in Q3 FY16. The increase was due to favorable product mix and operational efficiencies.

During Q3 FY17, Shiloh Industries' earnings before interest, tax, depreciation, and amortization (EBITDA) increased 15.7% to $17.09 million from $14.77 million in Q3 FY16. For the reported quarter, the Company's adjusted EBITDA decreased 12.1% to $18.45 million from $16.46 million in Q3 FY16. During Q3 FY17, the Company's adjusted EBITDA margin increased 60 basis points to 7.2% of revenue from 6.6% of revenue in Q3 FY16.

For the reported quarter, Shiloh Industries' selling, general, and administrative (SG&A) expenses increased 21.1% to $21.25 million from $17.55 million in Q3 FY16. During Q3 FY17, the Company's depreciation and amortization (D&A) expenses increased 14.7% to $10.85 million from $9.46 million in Q3 FY16.

During Q3 FY17, the Company's operating income increased 21.4% to $7.04 million from $5.80 million in Q3 FY16. For the reported quarter, Shiloh Industries' operating margin increased 40 basis points to 2.7% of revenue from 2.3% of revenue in Q3 FY16.

During Q3 FY17, Shiloh Industries' net loss was $1.98 million compared to net loss of $678,000 in Q3 FY16. During Q3 FY17, the Company's diluted EPS was negative $0.11 compared to negative $0.04 in Q3 FY16. During Q3 FY17, the company's adjusted diluted EPS increased 133.3% to $0.07 on a y-o-y basis from $0.03 in Q3 FY16.

Balance Sheet

As on July 31, 2017, Shiloh Industries' cash and cash equivalents increased 64% to $14.27 million from $8.70 million in Q4 FY16. During Q3 FY17, the Company's net accounts receivable decreased 14.9% to $156.47 million from $183.86 million in Q4 FY16.

During Q3 FY17, the Company's net inventories increased 2.9% to $62.23 million from $60.55 million in Q4 FY16.

During Q3 FY17, the Company's accounts payable decreased 6.6% to $148.09 million from $158.51 million in Q4 FY16. During Q3 FY17, the Company's long-term debt decreased 31% to $177.28 million from $256.92 million in Q4 FY16.

During Q3 FY17, the Company's YTD cash provided by operating activities was $69.52 million compared to $49.52 million in the same period last year.

Stock Performance

On Tuesday, September 19, 2017, the stock closed the trading session at $9.15, slightly up 0.55% from its previous closing price of $9.10. A total volume of 414.05 thousand shares have exchanged hands, which was higher than the 3-month average volume of 346.47 thousand shares. Shiloh Industries' stock price skyrocketed 12.41% in the last one month and 30.71% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have soared 32.42%. The stock is trading at a PE ratio of 24.86 and currently has a market cap of $213.93 million.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 475896

Source URL: https://marketersmedia.com/earnings-review-and-free-research-report-shiloh-industries-adjusted-diluted-eps-soared-133-3/241376

Source: AccessWire

Release ID: 241376


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