Wesco Aircraft Holdings Reports Fiscal 2019 First Quarter Results
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Wesco Aircraft Holdings (WAIR) Tops Q1 EPS by 1c, Revenues Beat
January 31, 2019 4:20 PM ESTWesco Aircraft Holdings (NYSE: WAIR) reported Q1 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $395.3 million versus the consensus estimate of $390.1 million.
Net sales of $395.3 million, up 8.9 percentNet income of $6.3 million, or $0.06 per diluted shareAdjusted net income(1) of $16.6 million, or $0.17 per diluted shareAdjusted earnings before interest, taxes, depreciation and amortization(1) (EBITDA) of $37.4 million, or 9.5 percent of net salesTodd Renehan, chief executive officer, commented, Fiscal 2019 first quarter results reflect solid top-line growth in all products and services and ongoing execution of our Wesco... More
