Inactive Instrument

Wesco Aircraft Holdings, Inc.

WAIR

Wesco Aircraft: Fiscal 4Q Earnings Snapshot

November 25, 2019 at 07:07 pm EST

VALENCIA, Calif. (AP) _ Wesco Aircraft Holdings Inc. (WAIR) on Monday reported a fiscal fourth-quarter loss of $11 million, after reporting a profit in the same period a year earlier.

The Valencia, California-based company said it had a loss of 11 cents per share. Earnings, adjusted for one-time gains and costs, came to 11 cents per share.

The aircraft parts distributor posted revenue of $432.3 million in the period.

For the year, the company reported profit of $21.4 million, or 21 cents per share. Revenue was reported as $1.7 billion.

Wesco Aircraft shares have risen 39% since the beginning of the year. In the final minutes of trading on Monday, shares hit $10.97, a rise of 19% in the last 12 months.

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

Automated Insights, source Associated Press News

Latest news about Wesco Aircraft Holdings, Inc.

Second Motion for Exclusivity Period Extension Approved For Wesco Aircraft Holdings, Inc.	Feb. 20	CI
First Amendment to Disclosure Statement Approved for Wesco Aircraft Holdings, Inc.	Feb. 15	CI
Second Modified First Amended Disclosure Statement Approved for Wesco Aircraft Holdings, Inc.	Jan. 12	CI
First Amended Reorganization Plan and Disclosure Statement Filed by Wesco Aircraft Holdings, Inc.	Dec. 27	CI
Joint Reorganization Plan and Disclosure Statement Filed by Wesco Aircraft Holdings, Inc.	Nov. 17	CI
First Motion for Exclusivity Period Extension Approved For Wesco Aircraft Holdings, Inc.	Nov. 01	CI
Motion for Asset Sale Approved for Wesco Aircraft Holdings, Inc.	23-10-04	CI
First Motion for Exclusivity Period Extension Filed by Wesco Aircraft Holdings, Inc.	23-09-29	CI
Motion for Asset Sale Filed by Wesco Aircraft Holdings, Inc.	23-08-09	CI
Interim DIP Financing Approved for Wesco Aircraft Holdings, Inc.	23-06-02	CI
Motion for Joint Administration Filed by Wesco Aircraft Holdings, Inc.	23-06-01	CI
Motion for Joint Administration Approved for Wesco Aircraft Holdings, Inc.	23-06-01	CI
Wesco Aircraft Holdings, Inc. Filed for Bankruptcy	23-06-01	CI
Wesco Aircraft Holdings, Inc. Announces Offer to Purchase	21-12-08	CI
Incora Opens New Global Corporate Headquarters in Fort Worth	21-05-11	CI
Wesco Aircraft Holdings, Inc. Offers to Purchase	20-12-02	CI
Incora Appoints David Coleal as Group Chief Executive Officer	20-11-30	CI
Wesco Aircraft Holdings, Inc. Announces Management Changes	20-01-09	CI
Wesco Aircraft Holdings, Inc.(NYSE:WAIR) dropped from S&P Aerospace & Defense Select Industry Index	20-01-09	CI
Wesco Aircraft Holdings, Inc.(NYSE:WAIR) dropped from S&P TMI Index	20-01-09	CI
Wesco Aircraft Holdings, Inc.(NYSE:WAIR) dropped from S&P Global BMI Index	20-01-09	CI
Pattonair Limited completed the acquisition of Wesco Aircraft Holdings, Inc. from a group of sellers.	20-01-08	CI
Wesco Aircraft Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended September 30, 2019	19-11-25	CI
Wesco Aircraft Holdings, Inc. Provides Earnings Guidance for the Year Ended September 30, 2019	19-10-21	CI
Wesco Aircraft Holdings, Inc. Provides Earnings Guidance for the Fiscal Year 2019	19-08-09	CI

Chart Wesco Aircraft Holdings, Inc.

Duration

Period

More charts

Wesco Aircraft Holdings, Inc. is a distributor and provider of supply chain management services to the global aerospace industry. The Company operates through two segments: North America and Rest of World. As of September 30, 2016, the Company supplied over 565,000 active stock-keeping units (SKUs), including C-class hardware, chemicals, electronic components, bearings, tools and machined parts. The Company's products include Hardware, Chemicals, Electronic Components, Bearings and Other Products. Its Services include Quality Assurance, Kitting and JIT Supply Chain Management. It caters to commercial, military and general aviation sectors, including the original equipment manufacturers (OEMs) and their subcontractors, through which it supports various Western aircraft programs, and also sells products to airline-affiliated and independent maintenance, repair and overhaul (MRO) providers. It also services industrial customers.

Sector

Aerospace & Defense

More about the company