Esterline Reports Fiscal 2019 First Quarter Financial Results
ESTERLINE TECHNOLOGIES (ESL)
Last esterline technologies earnings: 1/31 04:05 pm
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US:NYSE Investor Relations:
esterline.com/investorrelations.aspx
Company Research
Source: GlobeNewswire
Fiscal 2019 First Quarter Results Sales of $485.0 millionGAAP income from continuing operations of $34.0 million, or $1.14 per diluted shareAdjusted income from continuing operations of $36.8 million, or $1.24 per diluted share, excludes $3.0 million, or $0.10 per diluted share, of expenses related to the company’s pending transaction with TransDigm BELLEVUE, Wash., Jan. 31, 2019 (GLOBE NEWSWIRE) -- Esterline Corporation (NYSE:ESL) (www.esterline.com), a leading specialty manufacturer serving global aerospace and defense markets, today reported results for the fiscal 2019 first quarter ended December 28, 2018. On October 9, 2018, the company entered into a definitive agreement and plan of merger pursuant to which TransDigm Group Incorporated (TransDigm) will purchase all of the outstanding shares of Esterline common stock for $122.50 per share in cash. Esterline shareholders approved the transaction on January 17, 2019. The transaction is expected to close in March or April of 2
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