Ducommun Inc reports results for the quarter ended in September 30 - Earnings Summary

Ducommun Incorporated

07/11/2024 14:43

* Ducommun Inc  DCO.N  reported quarterly adjusted earnings
of 99
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 70 cents.  The mean expectation of five analysts for the
quarter was for earnings of 74 cents per share. Wall Street
expected results to range from 53 cents to 86 cents per share.
    * Revenue rose 2.6% to $201.41 million from a year ago;
analysts
expected $194.10 million. 
    * Ducommun Inc's reported EPS for the quarter was 67 cents​.
    * The company reported quarterly net income of $10.15
million.
    * Ducommun Inc shares had fallen by 0.3% this quarter and
gained 26.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is also "buy"

Wall Street's median 12-month price target for Ducommun Inc is
76.00 
This summary was machine generated from LSEG data November 7 at
02:43 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
 Sep. 30 2024      0.57           0.99           Beat
 Jun. 30 2024      0.60           0.83           Beat
 Mar. 31 2024      0.57           0.70           Beat
 Dec. 31 2023      0.63           0.70           Beat