Precision Castparts Corp. (PCP) reported fourth quarter earnings per share from continuing operations of $2.82 Thursday morning, up from $2.31 a year ago. The consensus estimate was for EPS of $2.76.
Precision Castparts gapped up sharply Thursday and spiked higher in early trade, before settling into a range. Shares finished with a gain of 14.66 at $206.68 on above average volume. The stock broke out past resistance and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.