Precision Castparts (PCP) Misses Q1 EPS by 13c, Lowers FY EPS Guidance
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Precision Castparts First Quarter Fiscal 2016 Earnings
July 28, 2015 3:02 AM EDTSALES OF $2.4 BILLION
REPORTED EPS OF $2.87 FROM CONTINUING OPERATIONS (DILUTED)1Â
Organic sales down 2 percent on a constant currency basis year-over-year, up 1 percent excluding oil & gas and other non-IGT power generation marketsDeployed $498 million to acquisitions and share repurchasesFiscal 2016 guidance adjusted for interest expense impact of bond issuance; operational views intactPORTLAND, Ore., July 28, 2015 (GLOBE NEWSWIRE) -- Precision Castparts Corp. (NYSE: PCP) reported its results for the first quarter of fiscal 2016:Â
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