Taylor Devices Q2 Earnings Fall 39% Y/Y, Shares Drop 2%

Shares of Taylor Devices, Inc. (TAYD) have declined 1.8% since the company reported its earnings for the quarter ended Nov. 30, 2024. This compares to the S&P 500 index’s 0.6% growth over the same time frame. Over the past month, the stock has declined 23.7% compared with the S&P 500’s 1.4% decline.For the fiscal second quarter, earnings per share (EPS) were 34 cents, down from 56 cents in the prior-year period.Taylor Devices reported sales of $8.6 million, reflecting an 17% decrease from $10.3 million in t ...