Cubic Reports Second Quarter Fiscal Year 2019 Results; Delivers Strong Growth, Confirms Guidance and Introduces Adjusted EPS

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Go back to Cubic Reports Second Quarter Fiscal Year 2019 Results; Delivers Strong Growth, Confirms Guidance and Introduces Adjusted EPS

Cubic Corp. (CUB) Tops Q2 EPS by 42c, Revenues Beat; Offers FY19 EPS/Revenue Guidance

May 2, 2019 4:48 PM EDT

Cubic Corp. (NYSE: CUB) reported Q2 EPS of $0.24, $0.42 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $337.3 million versus the consensus estimate of $326.89 million.

Second quarter sales of $337.3 million, up 21% year-over-yearSecond quarter operating loss of $6.5 million, compared to a loss of $1.7 million in the second quarter of fiscal 2018; impacted by acquisition-related expenses and amortization of purchased... More