Ducommun Q2 2024 Adj. EPS $0.83 Beats $0.60 Estimate, Sales $197.000M Beat $194.567M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ducommun (NYSE:DCO) reported Q2 2024 adjusted EPS of $0.83, beating the $0.60 estimate by 38.33%. Sales were $197M, surpassing the $194.567M estimate by 1.25%. This marks a 53.7% increase in EPS and a 5.17% rise in sales compared to the same period last year.
August 08, 2024 | 10:40 am
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Ducommun (NYSE:DCO) reported strong Q2 2024 results with EPS of $0.83 beating estimates by 38.33% and sales of $197M surpassing estimates by 1.25%. This indicates robust financial performance and growth.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, suggests positive investor sentiment and potential short-term stock price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100