Cubic Corp. (CUB) Reports Q4 EPS of $0.80, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus
Cubic Corp. (NYSE: CUB) reported Q4 EPS of $0.80, versus $0.00 reported last year. Revenue for the quarter came in at $379.7 million versus the consensus estimate of $352.72 million.
"We are extremely pleased by the strong growth in fiscal 2018, driven by record fourth quarter sales and Adjusted EBITDA. Additionally, we yet again have the highest backlog in our history with the most recent Bay Area win," said Bradley H. Feldmann, chairman, president and chief executive officer of Cubic Corporation. "This year, our team achieved the six Goal 2020 growth catalysts that will drive accelerated growth and value for our customers, shareholders and employees going forward."
GUIDANCE:
Cubic Corp. sees FY2019 revenue of $1.37-1.45 billion, versus the consensus of $1.3 billion.
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