Ducommun Inc reports results for the quarter ended in December - Earnings Summary

Ducommun Incorporated

15/02/2024 14:31

* Ducommun Inc  DCO.N  reported quarterly adjusted earnings
of 70
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 85
cents.  The mean expectation of five analysts for the quarter
was for earnings of 63 cents per share. Wall Street expected
results to range from 52 cents to 79 cents per share.
    * Revenue rose 2.1% to $192.23 million from a year ago;
analysts
expected $195.65 million. 
    * Ducommun Inc's reported EPS for the quarter was 34 cents​.
    * The company reported quarterly net income of $5.11
million.
    * Ducommun Inc shares had fallen by 2.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Ducommun
Inc is
$69.00 

This summary was machine generated from LSEG data February 15 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.63           0.70           Beat
 Sep. 30 2023      0.61           0.70           Beat
 Jun. 30 2023      0.58           0.54           Missed
 Mar. 31 2023      0.60           0.63           Beat