Esterline Technologies Q3 Profit Rises; Backs FY13 Outlook - Quick Facts

(RTTNews) - Esterline Technologies Corp. (ESL) Thursday reported third-quarter net earnings attributable to Esterline of $38.2 million or $1.20 per share, compared to $17.1 million or $0.55 per share in the same quarter last year.

Adjusted earnings from continuing operations in the latest third quarter rose to $52.7 million or $1.65 per share from $35.1 million or $1.14 per share in the year-ago period.

On average, ten analysts polled by Thomson Reuters expected the company to earn $1.53 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter dropped to $478.07 million, from $485.95 million in the prior year, while ten analysts expected revenues of $505.90 million.

For the full year 2013, the company is maintaining its guidance and expects adjusted earnings in the range of $5.30 and $5.50 per share on revenues of about $2.0 billion. Analysts, based on consensus, currently expect the company to report full-year earnings of $5.31 per share on revenues of $2.02 billion.