Envela Corporation (ELA) Tops Q3 Earnings and Revenue Estimates

Envela Corporation (ELA) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +116.67%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced earnings of $0.11, delivering a surprise of +120%.Over the last four quarters, the compa ...