Canaccord Genuity Cuts Price Target on CPI Aerostructures (CVU) as A-10 Outlook Remains Uncertain

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Go back to Canaccord Genuity Cuts Price Target on CPI Aerostructures (CVU) as A-10 Outlook Remains Uncertain

CPI Aerostructures (CVU) Misses Q4 EPS by 24c

March 28, 2016 6:42 AM EDT

CPI Aerostructures (NYSE: CVU) reported Q4 EPS of $0.08, $0.24 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $31.6 million versus the consensus estimate of $27.9 million.

Total backlog as of December 31, 2015 was $387,316,000 compared with $403,648,000 as of December 31, 2014. Government contracts account for... More