Goodrich Corp (GR) reported fourth quarter net income attributable to Goodrich of $105.0 million or $0.82 per share, compared to $168.7 million or $1.35 per share last year.
On average, 24 analysts polled by Thomson Reuters expected the company to report earnings of $0.90 per share. Analysts' estimates typically exclude special items.
Sales declined to $1.64 billion from $1.7 billion in the same quarter a year earlier.
Nineteen analysts estimated revenues of $1.65 billion.
Goodrich reaffirmed its outlook for 2010 net income per share and adjusted its outlook for sales and cash flow for the full year 2010.
The company said its initial full year 2010 sales expectations are for sales of approximately $7.1 billion, representing growth of about 6 - 7 percent compared to 2009. Earlier, the company's initial full year 2010 sales expectations were for sales of approximately $7.0 billion, representing growth of about 5 percent from the current outlook for 2009.
The outlook for 2010 income from continuing operations and net income per share is still for a range of $4.15 - $4.40.
Analysts expect the company to earn $4.41 per share, on revenues of $6.96 billion.
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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.