Ducommun Incorporated (NYSE:DCO) is reporting third quarter financial results on Wednesday 28th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, DCO is expected to report 3Q20 income of $ 0.48 per share from revenue of $ 149.13 million.
For the full year, analysts anticipate top line of $ 628.01 million, while looking forward to income of $ 2.15 per share bottom line.
Previous Quarter Performance
Ducommun Incorporated unveiled income for the second quarter of $ 0.48 per share, from the revenue of $ 147.31 million. The quarterly earnings contracted 27.27 percent while revenues declined 12.27 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.27 per share from $ 145.53 million in revenue. The bottom line results beat street analysts by $ 0.21 or 77.78 percent, at the same time, top line results outshined analysts by $ 1.78 million or 1.22 percent.
Stock Performance
Shares of Ducommun Incorporated traded low $ -1.03 or -3.01 percent on Tuesday, reaching $ 33.20 with volume of 28.30 thousand shares. Ducommun Incorporated has traded high as $ 34.07 and has cracked $ 33.02 on the downward trend
According to the previous trading day, closing price of $ 33.20, representing a 110.39 % increase from the 52 week low of $ 16.27 and a 40.82 % decrease over the 52 week high of $ 57.84.
The company has a market capital of $ 387.89 million and is part of the Industrials sector and Aerospace & Defense industry.
Conference Call
Ducommun Incorporated will be hosting a conference call at 5:00 PM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ducommun.com
Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace, defense, industrial, natural resources, medical, and other industries in the United States. The company operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment offers cable assemblies and interconnect systems; printed circuit board assemblies; high-level electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, wire harnesses, surge suppressors, conformal shields, and other assemblies.
