Wesco Aircraft Holdings (WAIR) Misses Q3 EPS by 11c, Miss on Revenues

Wesco Aircraft Holdings (NYSE: WAIR) reported Q3 EPS of $0.10, $0.11 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $363.9 million versus the consensus estimate of $378.76 million.

Fiscal 2017 Third Quarter Highlights

• Net sales of $363.9 million, down 3.0 percent
• Net loss of $229.6 million, or $2.32 per diluted share
• Adjusted net income(1) of $10.0 million, or $0.10 per diluted share, excluding goodwill impairment charge and tax valuation allowance
• Adjusted earnings before interest, taxes, depreciation and amortization(1) (EBITDA) of $33.0 million, or 9.1 percent of net sales

For earnings history and earnings-related data on Wesco Aircraft Holdings (WAIR) click here.

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