Ducommun Q2 Adj EPS $0.54 Beats $0.51 Estimate, Sales $187.32M Miss $188.14M Estimate
Portfolio Pulse from bharat@benzinga.com
Ducommun (NYSE:DCO) reported Q2 earnings of $0.54 per share, beating the analyst consensus estimate of $0.51 by 5.88%. However, this is a 28.95% decrease from the same period last year. The company's quarterly sales were $187.32 million, missing the analyst consensus estimate of $188.14 million by 0.44%, but showing a 7.53% increase from the same period last year.
August 04, 2023 | 1:16 pm
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Ducommun's Q2 earnings beat estimates but are down from last year. Sales missed estimates but are up from last year.
Ducommun's earnings beat estimates, which is positive for the stock. However, the decrease in earnings compared to last year and the missed sales estimates could negatively impact the stock. The increase in sales compared to last year is a positive factor. Overall, the impact on the stock is neutral.
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IMPORTANCE 80
RELEVANCE 100