CIRCOR International, Inc. (NYSE:CIR) is expected to report third quarter earnings results, before market open, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.32 per share.
Looking ahead, the full year income are expected at $ 1.27 per share on the revenues of $ 761.60 million.
Previous Quarter Performance
CIRCOR International, Inc. revealed income for the second quarter of $ 0.22 per share, from the revenue of $ 186.07 million. The quarterly earnings contracted 51.11 percent while revenues fell 32.84 percent compared with the same quarter last year.
According to street consensus, CIR was expected to report 2Q20 income of $ 0.11 per share from revenue of $ 168.26 million. The bottom line results beat street analysts by $ 0.11 or 100.00 percent, at the same time, top line results outshined analysts by $ 17.81 million or 10.58 percent.
Stock Performance
Shares of CIRCOR International, Inc. traded low $ -1.21 or -4.11 percent on Wednesday, reaching $ 28.20 with volume of 84.70 thousand shares. CIRCOR International, Inc. has traded high as $ 29.41 and has cracked $ 27.61 on the downward trend
The closing price of $ 28.20, representing a 267.63 % increase from the 52 week low of $ 8.00 and a 37.14 % decrease over the 52 week high of $ 46.79.
The company has a market capital of $ 563.92 million and is part of the Industrials sector and Diversified Industrials industry.
Conference Call
CIRCOR International, Inc. will be hosting a conference call at 9:00 AM eastern time on 5th November 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.circor.com
CIRCOR International, Inc. designs, manufactures, and markets engineered products and sub-systems worldwide. It operates through three segments: Energy, Aerospace and Defense, and Industrial.
