Ducommun Inc. (DCO) revealed a profit for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $10.51 million, or $0.69 per share. This compares with $6.85 million, or $0.46 per share, last year.
Excluding items, Ducommun Inc. reported adjusted earnings of $12.64 million or $0.83 per share for the period.
Analysts on average had expected the company to earn $0.70 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.7% to $194.11 million from $190.85 million last year.
Ducommun Inc. earnings at a glance (GAAP) :
-Earnings: $10.51 Mln. vs. $6.85 Mln. last year.
-EPS: $0.69 vs. $0.46 last year.
-Revenue: $194.11 Mln vs. $190.85 Mln last year.
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