Recap: Circor International Q1 Earnings

 

Shares of Circor International CIR rose 1.4% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 20.00% year over year to $0.24, which were in line with the estimate of $0.24.

Revenue of $180,655,000 decreased by 6.01% year over year, which missed the estimate of $187,950,000.

Guidance

The upcoming fiscal year's EPS expected to be between $2.10 and $2.30.

Details Of The Call

Date: May 12, 2021

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/epxgwn9t

Recent Stock Performance

Company's 52-week high was at $43.20

52-week low: $9.31

Price action over last quarter: Up 5.05%

Company Description

Circor International Inc designs, manufacture, and markets differentiated technology products and sub-systems. The company has two reportable business segments: Aerospace & Defense and Industrial. Some of its products are positive displacement pumps, motors, specialty centrifugal pumps, metering pumps, switches, automatic recirculating valves, control & actuators valves, and high-pressure pneumatic systems. It derives the majority of its revenues from the Industrial segment. Circor's geographical segments are Europe, the Middle East, and Africa; North America; and others.

Market News and Data brought to you by Benzinga APIs
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...