Wesco Aircraft Holdings Q4 Profit Up - Quick Facts

(RTTNews) - Wesco Aircraft Holdings, Inc. (WAIR) Thursday reported fourth-quarter profit of $30.0 million or $0.31 per share, up from $27.0 million or $0.28 per share in the prior year period.

Adjusted earnings for the quarter was $31.7 million or $0.33 per share. On average, 11 analysts polled by Thomson Reuters expected the company to earn $0.32 per share. Analysts' estimates typically exclude special items.

Revenues improved 10.5 percent to $234.3 million from $212.2 million last year. Analysts expected revenues of $234.01 million.

Looking ahead, the company currently projects full-year 2014 earnings in the range of $1.25 to $1.31 per share, with adjusted earnings ranging between $1.31 and $1.37 per share.

Revenues for 2014 are expected to range between $975 million and $1.01 billion, up from its previous guidance range of $880 million to $900 million. Analysts currently expect the company to report full-year earnings of $1.20 per share on revenues of $900.72 million.