Precision Castparts Beats, Outlook Up
Precision Castparts Corp. (NYSE:PCP) reported its fourth quarter fiscal 2012 earnings results, reporting earnings per share from continuing operations of $2.31 a share. Quarterly earnings were well above the Zacks Consensus Estimate of $2.27 a share and were also up 23.5% year over year. Profits were primarily driven by strong contracts in the end markets [...]
Precision Castparts Corp. (NYSE:PCP) reported its fourth quarter fiscal 2012 earnings results, reporting earnings per share from continuing operations of $2.31 a share. Quarterly earnings were well above the Zacks Consensus Estimate of $2.27 a share and were also up 23.5% year over year.
Profits were primarily driven by strong contracts in the end markets and the company’s aerostructures, oil and gas businesses also performed well during the quarter.
Revenue Details
Total revenue grew 16% year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards