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	<title>Stock Blog Hub &#187; MPR</title>
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		<title>(MPR) Met-Pro missed the consensus estimates by 38.5%</title>
		<link>http://www.stockbloghub.com/2009/08/24/mpr-met-pro-missed-the-consensus-estimates-by-38-5/13229</link>
		<comments>http://www.stockbloghub.com/2009/08/24/mpr-met-pro-missed-the-consensus-estimates-by-38-5/13229#comments</comments>
		<pubDate>Mon, 24 Aug 2009 20:40:59 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Met-Pro Corp.]]></category>
		<category><![CDATA[MPR]]></category>

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		<description><![CDATA[Met-Pro Corp.’s (MPR) second-quarter earnings plunged 56.2% year over year to $1.2 million on sluggish demand in its large project and industrial markets. Earnings per share came in at 8 cents, compared to 18 cents in the year-ago quarter and missing the Zacks Consensus Estimate by 38.5%, or 5 cents. The Harleysville, PA-based company posted a 25.8% year-over-year decline in revenues to $20.9 million as sales slumped across all segments amid weak global economic conditions. The company booked orders worth $19.4 million in the quarter, compared to $25.7 million in the same period last year. In terms of segments, Product Recovery and Pollution Control, which contributed nearly 50% to overall revenue, fell 27.3% year over year to $10.3 million. Fluid Handling Technologies dipped 27.2% to $5.7 million, while Mefiag Filtration ]]></description>
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