UPDATE: Precision Castparts Posts Downbeat FQ3 Earnings

Precision Castparts PCP reported a 28% rise in its fiscal third-quarter earnings. Precision Castparts posted its quarterly profit of $433 million, or $2.96 per share, versus a year-ago profit of $338 million, or $2.30 per share. Its earnings from continuing operations came in at $2.95 per share. Its sales surged 16% to $2.36 billion. However, analysts were expecting earnings of $3.04 per share on sales of $2.46 billion. Precision Castparts shares closed at $270.69 yesterday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsNewsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!