Overview
Ducommun Q3 revenue rises 6% yr/yr, slightly beating analyst expectations
Company reports Q3 net loss of $64.4 mln due to litigation settlement costs
Adjusted EBITDA for Q3 grows 8% yr/yr, reflecting strong operational performance
Outlook
Company expects greater revenue growth year-over-year to close out 2025
Ducommun sees no material impact from tariffs on financial outlook
Company aims for 18% Adjusted EBITDA by VISION 2027
Result Drivers
DEFENSE SECTOR - Strong growth in missile, military rotorcraft, and fixed-wing platforms drove revenue increase
COMMERCIAL AEROSPACE - Weak performance due to destocking, despite higher production rates
GROSS MARGIN IMPROVEMENT - Increase due to lower manufacturing costs and restructuring charges
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Slight Beat* | $212.60 mln | $211.40 mln (4 Analysts) |
Q3 Adjusted Net Income | $15.20 mln | ||
Q3 Net Income | -$64.40 mln | ||
Q3 Adjusted EBITDA | $34.40 mln | ||
Q3 Adjusted Operating Income | $22.40 mln | ||
Q3 Operating Income | -$80.10 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for Ducommun Inc is $107.50, about 14.5% above its November 5 closing price of $91.86
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 22 three months ago
Press Release: ID:nGNX33kqSP
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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