Ducommun Incorporated (DCO) Releases Earnings Results, Beats Expectations By $0.93 EPS

Ducommun Incorporated (DCO) reported quarterly earnings results on Monday, May-9-2016. The company said it had a profit of $1.21 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.93. Analysts had a consensus of $0.28. The company posted revenue of $142.10 million in the period, compared to analysts expectations of $145.76 million. The company’s revenue was down -17.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.18 EPS.

Ducommun Incorporated opened for trading at $15.56 and hit $15.94 on the upside on Friday, eventually ending the session at $15.78, with a gain of 0.19% or 0.03 points. The heightened volatility saw the trading volume jump to 32,496 shares. Company has a market cap of $175 M.

In a different news, on Dec 30, 2015, Joseph C Berenato (director) sold 10,000 shares at $16.28 per share price. According to the SEC, on Dec 9, 2015, Douglas L Groves (VP & Controller) purchased 2,500 shares at $16.12 per share price. On Nov 17, 2015, Anthony J Reardon (CEO) purchased 3,000 shares at $16.28 per share price, according to the Form-4 filing with the securities and exchange commission.

Ducommun Incorporated is a global provider of engineering and manufacturing services. The Company offers a range of products and applications used in the aerospace defense industrial natural resources medical and other industries. It is a solution-based provider offering a range of value-added products and services in its primary businesses of electronics structures and integrated solutions. The Company’s operating segments include Ducommun LaBarge Technologies (DLT) and Ducommun AeroStructures (DAS). DLT designs engineers and manufactures products used in markets including aerospace defense natural resources industrial and medical and other end-use markets. DAS designs engineers and manufactures contoured aerospace structural components and assemblies and supplies composite and metal bonded structures and assemblies. DAS’s products are used on commercial aircraft military fixed-wing aircraft and military and commercial rotary-wing aircraft.

Ducommun Incorporated

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