earnings
confidence high
sentiment positive
materiality 0.75
Ducommun Q3 revenue $163.2M (+8.5% YoY); backlog hits $836M highest since pandemic
DUCOMMUN INC /DE/
2021-Q3 EPS reported
$2.02
revenue$480,570,000
- Revenue $163.2M, up 8.5% YoY; commercial aerospace sales jumped >50% on Boeing/Airbus build rate increases.
- Net income $9.6M ($0.78 diluted); adjusted EPS $0.83; adjusted EBITDA $23.9M (14.6% of revenue).
- Backlog $836M, highest since Q1 2020 pandemic start; up from $807.7M at Dec 2020.
- Structural Systems revenue rose to $58.5M (up 24.7% YoY) driven by commercial aerospace; Electronic Systems flat at $104.7M.
- Company reviewing legacy Southern California real estate for potential sale-leaseback transactions in strong market.