ESTERLINE SHAREHOLDER (ESL) ALERT: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Esterline Technologies Corporation; Encourages Investors to Contact the Firm for Additional Information

SAN DIEGO--(BUSINESS WIRE)--

Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of the federal securities laws by Esterline Technologies Corporation ESL and certain of its officers. Esterline designs, manufactures and markets engineered products and systems primarily for aerospace and defense customers in the United States and internationally.

On February 4, 2016, Esterline reported revenues of $441.5 million for the first quarter of fiscal 2016, falling short of Wall Street analysts' $476.6 million estimate. Net income for the first quarter, adjusted for non-recurring costs and to account for discontinued operations, came to $.62 per share. The average estimate of Wall Street analysts' was for earnings of $1.00 per share.

On this news, the stock has traded down approximately 30% in early morning trading, February 5, 2016.

Specifically, Johnson & Weaver's investigation will seek to determine if certain of Esterline's statements regarding its business and future prospects were false or misleading when made.

If you are a shareholder of Esterline and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If you email, please include your phone number.

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160205005492/en/