Ducommun (DCO) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.70 per share a year ago.
Ducommun (DCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ducommun's Q4 earnings showed modest growth but missed EPS expectations, leading to a stock price decline of over 6%. Despite underwhelming 2024 growth, Ducommun is well-positioned for future gains, driven by commercial aerospace and defense sectors. The stock is upgraded to a strong buy with a $91.05 price target, offering nearly 60% upside despite recent performance.
Ducommun Incorporated (NYSE:DCO ) Q4 2024 Earnings Conference Call February 27, 2025 1:00 PM ET Company Participants Suman Mookerji - Senior Vice President & Chief Financial Officer Steve Oswald - Chairman, President & Chief Executive Officer Conference Call Participants Ken Herbert - RBC Capital Markets Mike Crawford - B. Riley Securities Jeremy Jason - Citi Operator Good day and thank you for standing by.
Ducommun (DCO) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.70 per share a year ago.
Ducommun (DCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ducommun (DCO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Ducommun has reached my 2025 price target, prompting a reassessment of its upside potential and current valuation. The company is well-positioned in both commercial and defense markets, with growing exposure and increasing shipset values. Ducommun posted record revenues, with significant growth in operating income and adjusted EBITDA, driven by strong military and space applications.
Ducommun reported 2.6% revenue growth, driven by military, space, and Airbus programs. Margins improved, with adjusted EBITDA margin expanding to 15.8% and adjusted EPS up 41%. Robust performance in Airbus A220 and A320 programs offset challenges from Boeing's strike. Boeing's recovery is expected to support growth in 2025-2026, especially for the 737 MAX and 787. Facility consolidations and operational streamlining are delivering initial savings, with projected annual savings of $11-13M. Defense backlog increased to $592M, driven by demand for TOW missiles and surveillance.
Ducommun Incorporated (NYSE:DCO ) Q3 2024 Results Conference Call November 7, 2024 1:00 PM ET Company Participants Suman Mookerji - Vice President and Chief Financial Officer Steve Oswald - Chairman, President and Chief Executive Officer Conference Call Participants Mike Crawford - B. Riley Securities Jason Gursky - Citi Michael Ciarmoli - Truist Securities Operator Good day, and thank you for standing by.
Ducommun (DCO) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.70 per share a year ago.
Ducommun continues to report revenue growth for 2Q24, driven by both commercial aerospace and military end markets. Additionally, margins expanded, driven by engineered products, pricing actions, and restructuring efforts. Despite ongoing challenges with Boeing and Spirit AeroSystems related to the 737 MAX, it achieved 12 consecutive quarters of revenue growth in commercial aerospace. Additionally, DCO's fuselage skin project for the 737 MAX, expected to start production by late 2024, is expected to bolster the company's aerospace business outlook.