Raven Industries (NASDAQ: RAVN) released better-than-expected fiscal third-quarter 2020 results early last week, initially sending shares of the industrial mini-conglomerate up more than 10% the following day as investors absorbed the news.
But Raven stock has all but given up its post-earnings pop in the days since, after cautious comments from management on current market conditions, and as broader stock market indexes have pulled back from their own record highs.
Now that the dust has settled, let's dig deeper to better understand what Raven Industries accomplished over the past few months, starting with its headline numbers.