Miller Industries (MLR) Q2 EPS Soars Y/Y on High Production Volumes
MLRMiller Industries(MLR) ZACKS·2024-08-09 01:30

Miller Industries, Inc. (MLR) reported a robust performance in the second quarter of 2024, with earnings per share (EPS) rising to 1.78,markinga37.71.78, marking a 37.7% increase compared to 1.29 in the second quarter of 2023. Revenues also saw a significant uptick, climbing 23.7% year over year to 371.5millionfrom371.5 million from 300.3 million. This growth is attributed primarily to increased production volumes and consistent demand, alongside sustained elevated OEM chassis deliveries. The company has managed to decrease its backlog ...