Universal Stainless & Alloy Products Inc. of Bridgeville revised its guidance for its third-quarter earnings, lowering its sales projections to about $57 million to $58 million, and earnings per share to 35 cents to 40 cents a share. The revised guidance includes a charge of $586,000, or 6 cents per share, for relocating a round bar finishing facility from Bridgeville to Dunkirk, N.Y. Universal Stainless, which makes semi-finished specialty steel products, had projected in July that its third-quarter sales would be in the range of $60 to $65 million and earnings per share of between 70 cents and 75 cents, after including the estimated relocation charge.
