Precision Castparts excels

Investor's Business Daily

In a week that saw 5 giant military aerospace companies announce results, Precision Castparts (PCP) was among the best. The maker of aircraft components and industrial turbines said EPS rose 13% in its fiscal Q3 to $2.40, missing analyst views by 8 cents. Sales rose 12.3% to $2.04 bil, partly on recent acquisitions. But that was lighter than Wall Street's projection of $2.11 bil. Shares rose 2.7% to 191.22.

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