Ducommun Incorporated (DCO) reported quarterly earnings results on Thursday, Aug-4-2016. The company said it had a profit of $0.34 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.05. Analysts had a consensus of $0.29. The company posted revenue of $133.40 million in the period, compared to analysts expectations of $141.54 million. The company’s revenue was down -23.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS.
Ducommun Incorporated closed down -0.46 points or -2.36% at $19.02 with 18,806 shares getting traded on Tusday. Post opening the session at $19.44, the shares hit an intraday low of $19.02 and an intraday high of $19.5 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on Jun 16, 2016, Joseph C Berenato (director) sold 12,000 shares at $19.29 per share price. According to the SEC, on Jun 14, 2016, James S Heiser (VP & General Counsel) sold 2,329 shares at $19.30 per share price. On Dec 9, 2015, Douglas L Groves (VP & Controller) purchased 2,500 shares at $16.12 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.