amendment: Modifies the first paragraphs to say net income attributable to the company declines
Thursday, Precision Castparts Corp. (PCP) reported third-quarter net income attributable to Precision Castparts Corp. shareholders of $232.9 million or $1.64 per share, compared to $239.1 million or $1.70 per share in the same quarter last year.
Net income from continuing operations was $228.7 million or $1.61 per share, compared to $236.5 million or $1.68 per share in the year ago quarter.
On average, 17 analysts polled by Thomson Reuters expected the company to earn $1.64 per share for the quarter. Analysts' estimates typically exclude special items.
Sales for the quarter was $1.37 billion, down from $1.61 billion in the comparable quarter last year. Analysts expected the company to report revenue of $1.38 billion for the quarter.
For comments and feedback: editorial@rttnews.com