UPDATE: Esterline (ESL) Revises Q3 and FY Guidance
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Price: $73.42 +1.75%
Revenue Growth %: -1.0%
Financial Fact:
Income Tax Expense: 9.48M
Today's EPS Names:
CLC, FNSR, MU, More
Revenue Growth %: -1.0%
Financial Fact:
Income Tax Expense: 9.48M
Today's EPS Names:
CLC, FNSR, MU, More
Trade ESL Now!
(Updated - August 6, 2012 4:35 PM EDT)
Esterline Corporation (NYSE: ESL) today announced preliminary results for its third fiscal quarter ended July 27, 2012, and an estimated impairment charge against goodwill for its Racal Acoustics defense business of $52 million, or $1.67 per share.
Before this charge, the company expects to report third fiscal quarter earnings per diluted share (EPS) in the range of $1.10 to $1.13, compared with $1.21 for the prior-year period. The consensus EPS is estimate is $1.34.
The company expects third quarter revenues to range between $480 million and $485 million. The consensus revenue estimate is $505.45 million.
For the full fiscal year, revenue is anticipated to range between $1.95 billion and $2.00 billion vs. 2.3 billion expected. The company expects full-year earnings in the range of $3.20 to $3.33 per share. Before charges including goodwill, the company expects earnings of $4.87 to $5.00 vs. 5.16 expected.
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Esterline Corporation (NYSE: ESL) today announced preliminary results for its third fiscal quarter ended July 27, 2012, and an estimated impairment charge against goodwill for its Racal Acoustics defense business of $52 million, or $1.67 per share.
Before this charge, the company expects to report third fiscal quarter earnings per diluted share (EPS) in the range of $1.10 to $1.13, compared with $1.21 for the prior-year period. The consensus EPS is estimate is $1.34.
The company expects third quarter revenues to range between $480 million and $485 million. The consensus revenue estimate is $505.45 million.
For the full fiscal year, revenue is anticipated to range between $1.95 billion and $2.00 billion vs. 2.3 billion expected. The company expects full-year earnings in the range of $3.20 to $3.33 per share. Before charges including goodwill, the company expects earnings of $4.87 to $5.00 vs. 5.16 expected.
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