Earnings Exceed Forecast at Rexhall Industries

Lancaster-based Rexhall Industries posted earnings of 32 cents per diluted share, up from 23 cents in the year-ago quarter and exceeding its second-quarter forecast.

Earnings for the quarter ended June 30 were $956,000, up nearly 40% from the $683,000 earned in the second quarter of 1997.

The company had forecast income from continuing operations of 25 to 28 cents per share.

For the six months ended June 30, the maker of recreational vehicles had net income of $1.5 million, up from $1.2 million for the same period in 1997.