Ducommun Inc. (DCO) said its third-quarter net income decreased to $6.19 million from $6.26 million last year. However, third-quarter 2009 earnings per share remained flat at $0.59. On average, 5 analysts polled by Thomson Reuters expected earnings per share of $0.52 for the quarter. Analysts' estimate typically excludes one-time items.
By contrary, total revenues for the third quarter increased to $109.90 million from $100.86 million in the comparable period, due to the December 2008 acquisition of DynaBil Industries, Inc. Three analysts estimated revenues of $111.12 million for the quarter. The company expects its full-year effective tax rate for 2009 to be around 30% - 32%.
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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.