A Sneak Peek At Miller Industries, Inc. ($MLR) 3Q20 Earnings

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Miller Industries, Inc. (NYSE:MLR) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.

Previous Quarter Performance

Miller Industries, Inc. disclosed income for the second quarter of $ 0.51 per share, from the revenue of $ 128.53 million.

Stock Performance

Shares of Miller Industries, Inc. traded up $ 0.72 or 2.32 percent on Tuesday, reaching $ 31.82 with volume of 53.30 thousand shares. Miller Industries, Inc. has traded high as $ 31.96 and has cracked $ 30.97 on the downward trend

According to the previous trading day, closing price of $ 31.82, representing a 23.17 % increase from the 52 week low of $ 25.25 and a 18.54 % decrease over the 52 week high of $ 38.18.

The company has a market capital of $ 362.92 million and is part of the Consumer Cyclical sector and Auto Parts industry.

Recent Stock Dividend Announcement

On August 5, 2020, the board of directors authorized quarterly dividend of $ 0.18 per share to holders of record as of the close of business on September 7, 2020, with payment date of September 14, 2020 and ex-dividend date on September 3, 2020.

Miller Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of towing and recovery equipment. It offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms that are used to transport new or disabled vehicles and other equipment. The company also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other related applications.