Ladish Co. Inc. (LDSH) reported net earnings of $7.0 million or $0.44 per share for the fourth quarter, compared to $9.6 million or $0.60 per share in the prior year quarter.
Fourth quarter sales declined to $83.2 million from $112.5 million in the fourth quarter of 2008.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.04 per share on revenue of $78.80 million for the quarter. Analysts' estimates typically exclude special items.
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