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Wesco Aircraft: Fiscal 3Q Earnings Snapshot

August 9, 2019

VALENCIA, Calif. (AP) _ Wesco Aircraft Holdings Inc. (WAIR) on Friday reported fiscal third-quarter profit of $14.1 million.

The Valencia, California-based company said it had net income of 14 cents per share. Earnings, adjusted for one-time gains and costs, were 23 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 23 cents per share.

The aircraft parts distributor posted revenue of $442.4 million in the period.

Wesco Aircraft shares have climbed 31% since the beginning of the year. The stock has decreased 25% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WAIR at https://www.zacks.com/ap/WAIR

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