Revenue Update on Oil-Dri Corporation of America(NYSE:ODC)

Oil-Dri Corporation of America(NYSE:ODC) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Oct 7, 2016. Earnings per share were $0.72.

Oil-Dri Corporation of America (ODC) made into the market gainers list on Fridays trading session with the shares advancing 2.22% or 0.76 points. Due to strong positive momentum, the stock ended at $35.01, which is also near the day’s high of $35.4699. The stock began the session at $34.43 and the volume stood at 6,148 shares. The 52-week high of the shares is $39.5171 and the 52 week low is $27.38. The company has a current market capitalization of $254 M and it has 72,60,384 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 28, 2016, Allan H Selig (director) purchased 1,000 shares at $34.52 per share price.Also, On May 16, 2016, Aaron Christiansen (VP, Manufacturing – CPG) sold 1 shares at $33.03 per share price.On Dec 30, 2015, Paul E Suckow (director) purchased 128 shares at $30.43 per share price, according to the Form-4 filing with the securities and exchange commission.

Oil-Dri Corporation of America is engaged in developing manufacturing and/or marketing sorbent products. The Company operates through two segments: Retail and Wholesale Products Group and Business to Business Products Group. The Retail and Wholesale Products Group’s customers include mass merchandisers wholesale clubs dollar stores retail grocery stores distributors of industrial cleanup and automotive products environmental service companies and sports field product users among others. The Business to Business Products Group’s customers include processors and refiners of edible oils petroleum-based oils and biodiesel fuel; distributors of animal health and nutrition products and marketers of consumer products among others. The Company’s products include agricultural and horticultural products animal health and nutrition products bleaching clay and purification aid products cat litter products industrial and automotive products and sports products.

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