Robbins & Myers (RBN -1.7%) reverses its opening pop and trades lower after reporting a...

|About: Robbins & Myers, Inc. (RBN)|By:, SA News Editor

Robbins & Myers (RBN -1.7%) reverses its opening pop and trades lower after reporting a mixed FQ1, beating a per share basis but missing the mark on revenue due to temporary plant shutdowns. Profit soared as the company continues to benefit from its acquisition of T-3 Energy Services Inc. The company also raised its full-year guidance, now expecting to earn $3.00 - $ 3.20 per share.