Ducommun: 1Q Earnings Snapshot
Ducommun: 1Q Earnings Snapshot
SANTA ANA, Calif. (AP) _ Ducommun Inc. (DCO) on Monday reported first-quarter earnings of $7.5 million.
The Santa Ana, California-based company said it had profit of 64 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.
The aerospace industry supplier posted revenue of $172.6 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $158.2 million.
Ducommun shares have increased 17% since the beginning of the year. In the final minutes of trading on Monday, shares hit $42.56, a climb of 45% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DCO at https://www.zacks.com/ap/DCO