Airplane components maker Ducommun Inc. released third-quarter earnings that beat analysts’ estimates and predicted further growth ahead.
Revenue for the period was $212.6 million, above the $211.9 million predicted by stock analysts and 6% higher than the same period a year ago. Adjusted EPS was 99 cents versus the average of 95 cents foreseen by four analysts.
“We are very optimistic for greater revenue growth year-over-year to close out 2025 and beyond as market demand continues to strengthen in both defense and commercial aerospace,” President and CEO Stephen Oswald said in a statement accompanying the earnings.
The net loss for the third quarter was $64.4 million versus $10.1 million net income in the same period a year earlier.
The shares closed down 3% at $89.15 apiece after setting an intraday market cap of $1.3 billion. The price was unchanged after hours.
