Esterline Technologies Q4 Profit Rises; Issues FY14 Outlook - Quick Facts

(RTTNews) - Esterline Technologies Corp. (ESL) Thursday reported fourth-quarter net earnings attributable to Esterline of $65.9 million or $2.06 per share, compared to $61.7 million or $1.97 per share in the same quarter last year.

Adjusted earnings from continuing operations in the latest fourth quarter were $66.2 million or $2.07 per share.

On average, ten analysts polled by Thomson Reuters expected the company to earn $1.79 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter rose to $534.16 million, from $530.66 million in the prior year, while nine analysts expected revenues of $551.48 million.

For the full year 2014, the company expects adjusted earnings in the range of $5.40 and $5.70 per share on revenues of $2.0 billion to $2.1 billion. Analysts, based on consensus, currently expect the company to report full-year earnings of $5.82 per share on revenues of $2.07 billion.