CPI Aerostructures (CVU) Misses Q4 EPS by 1c

CPI Aerostructures (NYSE: CVU) reported Q4 EPS of $0.24, $0.01 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $31.6 million versus the consensus estimate of $25.3 million.

Fourth Quarter 2016 vs. Fourth Quarter 2015

• Revenue of $24.3 million compared to $31.6 million;
• Gross profit of $5.9 million compared to $3.6 million;
• Pre-tax income of $3.4 million compared to $1.6 million;
• Net income of $2.1 million compared to $0.7 million; and
• Earnings per diluted share of $0.24 compared to $0.08.

For earnings history and earnings-related data on CPI Aerostructures (CVU) click here.

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