Ducommun Reports Q3 Earnings Beat with Revenue of $227 Million
Ducommun Incorporated (DCO) reported third-quarter financial results that exceeded analyst expectations for both earnings and revenue. The company posted a Non-GAAP earnings per share (EPS) of $1.21, surpassing estimates by $0.06, while total revenue reached $227 million, representing a 6.8% increase year-over-year and beating projections by $5.07 million. Looking ahead, the aerospace and defense firm reaffirmed its long-term growth trajectory, maintaining a revenue goal of over $950 million for fiscal year 2027. Management also indicated an active pursuit of large-scale contracts, targeting deals valued at up to $500 million to drive future expansion.
Tickers: $DCO
Topics: earnings report EPS beat revenue growth