Earnings per share (EPS) of $0.675 missed the expected $0.74, indicating a shortfall in profitability.
Revenue exceeded expectations, with $201.4 million generated against an estimated $194.1 million, showcasing strong sales performance.
The company’s financial health is highlighted by a price-to-earnings (P/E) ratio of 33.37 and a debt-to-equity ratio of 0.43, reflecting investor confidence and a balanced financing approach.
Ducommun Incorporated (NYSE:DCO) is a company based in Costa Mesa, California, known for its engineering and manufacturing services. It operates in the aerospace, defense, and industrial markets, providing complex mechanical and electronic systems. The company competes with other industry players like Honeywell and Raytheon Technologies.
On November 7, 2024, DCO reported its third-quarter earnings. The earnings per share (EPS) were $0.675, which was below the expected $0.74. Despite this, the company exceeded revenue expectations, generating approximately $201.4 million compared to the estimated $194.1 million. This indicates strong sales performance despite the lower EPS.
DCO’s financial metrics provide further insight into its market position. The price-to-earnings (P/E) ratio is 33.37, showing that investors are willing to pay $33.37 for every dollar of earnings. This is relatively high, suggesting investor confidence in the company’s future growth. The price-to-sales ratio of 1.27 indicates that the market values the company at 1.27 times its sales.
The enterprise value to sales ratio is 1.59, reflecting the company’s total value compared to its sales. This ratio helps investors understand how much they are paying for the company’s sales. The enterprise value to operating cash flow ratio is 29.41, indicating the company’s valuation in relation to its cash flow from operations, which is crucial for assessing financial health.
DCO’s debt-to-equity ratio is 0.43, showing a balanced approach to financing with a moderate level of debt compared to equity. The current ratio of 3.21 suggests that the company is well-positioned to cover its short-term liabilities with its short-term assets, indicating strong liquidity. The earnings yield of 2.997% provides insight into the earnings generated from each dollar invested, offering a perspective on the company’s profitability.
