AVX Shares Down 10% Following Earlier Q2 Report: EPS $0.2 Misses $0.24 Estimate, Sales $377.286M Miss $384.9M Estimate

AVX (NYSE:AVX) reported quarterly earnings of $0.2 per share which missed the analyst consensus estimate of $0.24 by 16.67 percent. This is a 53.49 percent decrease over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $377.286 million which missed the analyst consensus estimate of $384.9 million by 1.98 percent. This is a 17.32 percent decrease over sales of $456.328 million the same period last year.