Erickson (EAC) Tops Q3 EPS by 25c

Erickson (NASDAQ: EAC) reported Q3 EPS of $1.26, $0.25 better than the analyst estimate of $1.01. Revenue for the quarter came in at $118.3 million versus the consensus estimate of $119 million.

Udo Rieder, Chief Executive Officer of Erickson, commented, “We delivered solid performance during our peak season, despite softness in fire activity across the globe. Recent contract wins and proposal activity in both Oil and Gas and in our Government segment give us confidence in our long-term strategy. We remain focused on diversification to achieve a more balanced mix of end markets while positioning our business for sustainable growth. We continue to see an excellent opportunity to increase utilization of our fleet around the world.”

For earnings history and earnings-related data on Erickson (EAC) click here.

You May Also Be Interested In

• Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
• Lument Finance Trust (LFT) Misses Q2 EPS by 17c
• LogicBio Therapeutics (LOGC) Misses Q2 EPS by 10c