Wesco Aircraft Holdings Reports Fiscal 2019 Second Quarter Results
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Wesco Aircraft Holdings (WAIR) Tops Q2 EPS by 3c, Revenues Beat
May 2, 2019 4:19 PM EDTWesco Aircraft Holdings (NYSE: WAIR) reported Q2 EPS of $0.23, $0.03 better than the analyst estimate of $0.20. Revenue for the quarter came in at $426.5 million versus the consensus estimate of $414.99 million.
Net sales of $426.5 million, up 9.3 percent
Net income of $12.0 million, or $0.12 per diluted share
Adjusted net income(1) of $23.2 million, or $0.23 per diluted share
Adjusted earnings before interest, taxes, depreciation and amortization(1) (EBITDA) of $46.3 million, or 10.9 percent of net sales
Net cash provided by operating activities of $26.0 million
Todd Renehan, chief executive officer, commented, Financial... More
