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

Ducommun Incorporated

08/05/2024 14:52

* Ducommun Inc  DCO.N  reported quarterly adjusted earnings
of 70
cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of 63
cents.  The mean expectation of five analysts for the quarter
was for earnings of 57 cents per share. Wall Street expected
results to range from 41 cents to 64 cents per share.
    * Revenue rose 5.3% to $190.85 million from a year ago;
analysts
expected $189.22 million. 
    * Ducommun Inc's reported EPS for the quarter was 46 cents​.
    * The company reported quarterly net income of $6.85
million.
    * Ducommun Inc shares had risen by 7.6% this quarter and
gained 6.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 19%
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
$62.50 

This summary was machine generated from LSEG data May 8 at 01:51
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
 Mar. 31 2024      0.57           0.70           Beat
 Dec. 31 2023      0.63           0.70           Beat
 Sep. 30 2023      0.61           0.70           Beat
 Jun. 30 2023      0.58           0.54           Missed