Met-Pro Corporation Reports Q4 EPS of $0.12 vs. $0.11

Met-Pro Corporation MPR today announced the Company's financial results for the fourth quarter and fiscal year ended January 31, 2011.

Net sales for the fourth quarter ended January 31, 2011 were up 20% to $23.8 million compared with $19.8 million for the fourth quarter last year.

Net income totaled $1.8 million and diluted earnings per share were $0.12 for the fourth quarter, compared with net income of $1.3 million and diluted earnings per share of $0.09 for the same period last year, increases of 37% and 33%, respectively.