Earnings Preview: Ducommun
Portfolio Pulse from Benzinga Insights
Ducommun (NYSE:DCO) is scheduled to release its quarterly earnings report on February 15, 2024, with an estimated EPS of $0.62. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but resulting in a 4.74% share price drop. Over the last year, DCO shares have decreased by 7.52%, indicating potential concern among long-term shareholders ahead of this earnings announcement.
February 14, 2024 | 7:01 pm
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Ducommun is expected to report an EPS of $0.62 for the upcoming quarter. Historical performance shows mixed reactions to earnings announcements, with a notable 4.74% drop after last quarter's beat. Shares have declined 7.52% over the past year, indicating potential investor concern.
Ducommun's upcoming earnings report is critical given its past performance and the recent decline in share price. While the company has a history of beating EPS estimates, the market's reaction has been mixed, indicating that investors may be focusing more on guidance and long-term growth prospects. The 7.52% decline in share price over the past year further underscores the importance of this earnings report for investor sentiment.
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