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Ducommun Inc. Q4 Profit Increases, But Misses Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Ducommun Inc. (DCO) reported earnings for its fourth quarter that increased from the same period last year but missed the Street estimates.

The company's bottom line totaled $6.774 million, or $0.45 per share. This compares with $5.110 million, or $0.34 per share, last year.

Excluding items, Ducommun Inc. reported adjusted earnings of $11.370 million or $0.75 per share for the period.

Analysts on average had expected the company to earn $0.84 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 2.6% to $197.292 million from $192.231 million last year.

Ducommun Inc. earnings at a glance (GAAP) :

-Earnings: $6.774 Mln. vs. $5.110 Mln. last year.
-EPS: $0.45 vs. $0.34 last year.
-Revenue: $197.292 Mln vs. $192.231 Mln last year.

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