Brief: Heroux Devtek Q1 Earnings Per Share C$0.18

Heroux Devtek

09/08/2019 12:29

Heroux Devtek Inc  HRX.TO :
    * HÉROUX-DEVTEK REPORTS STRONG FIRST QUARTER RESULTS
    * Q1 EARNINGS PER SHARE C$0.18
    * Q1 SALES C$143.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF
C$128.2 MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE C$0.18 -- REFINITIV IBES
DATA
    * Q1 ADJUSTED EARNINGS PER SHARE C$0.19
    * SEES FY 2020 SALES C$580 MILLION TO C$600 MILLION
    * INCREASED BOTH ITS FISCAL 2020 AND LONG-TERM SALES
GUIDANCE TO
REFLECT EXPECTED CONTRIBUTION OF ALTA PRECISION
    * SEES SALES OF $650 MILLION TO $680 MILLION IN FISCAL 2022
    * NEW CONTRACT WITH BOEING TO SUPPLY COMPLETE LANDING GEAR
SYSTEM
FOR MQ-25 PROGRAM
    * FY2020 REVENUE VIEW C$579.2 MILLION -- REFINITIV IBES DATA
    * EXPANDED F-18 AGREEMENT WITH BOEING TO INCLUDE ADVANCED
F-15
PROGRAM

Source text for Eikon:  ID:nCNWcVnL5a 
Further company coverage:  HRX.TO