Wesco Aircraft Holdings (WAIR) Reports In-Line Q4 EPS

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Wesco Aircraft Holdings (WAIR) Takes Action to Reduce Cost; RBC Capital Cuts Price Target to $12

November 20, 2015 7:35 AM EST

RBC Capital reiterated a Sector Perform rating on Wesco Aircraft Holdings (NYSE: WAIR), and cut the price target to $12.00 (from $15.00), following the company's 4Q earnings report. WAIR reported adjusted EPS of $0.27 vs. consensus of $0.23. Revenues remain under pressure, and gross margins suggests pricing could... More