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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.