Esterline Reports Financial Results for Third Fiscal Quarter of 2015
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Canaccord Genuity Cuts Price Target on Esterline Technologies (ESL) Following 9c EPS Miss
September 4, 2015 8:40 AM EDTCanaccord Genuity maintained a Buy rating on Esterline Tech (NYSE: ESL), and cut the price target to $120.00 (from $130.00), following the company's 3Q15 earnings results. Adjusted EPS of $1.33 missed Street's estimate by 9c. Revenues of $496M missed Street's $531M estimates.
Analyst Ken Herbert commented, "Esterline... More
Esterline Technologies (ESL) Misses Q3 EPS by 9c, FY Guidance Falls Short
September 3, 2015 4:10 PM EDTEsterline Technologies (NYSE: ESL) reported Q3 EPS of $1.33, $0.09 worse than the analyst estimate of $1.42. Revenue for the quarter came in at $496.2 million versus the consensus estimate of $530.99 million.
Esterline Technologies sees FY2015 EPS of $4.35-$4.45, versus the consensus of $4.71. Esterline Technologies sees FY2015... More
