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TSE:MAL

Magellan Aerospace Q1 2024 Earnings Report

Magellan Aerospace logo
C$16.77 -0.48 (-2.78%)
As of 03:14 PM Eastern

Magellan Aerospace EPS Results

Actual EPS
C$0.11
Consensus EPS
C$0.10
Beat/Miss
Beat by +C$0.01
One Year Ago EPS
N/A

Magellan Aerospace Revenue Results

Actual Revenue
$235.24 million
Expected Revenue
$243.30 million
Beat/Miss
Missed by -$8.06 million
YoY Revenue Growth
N/A

Magellan Aerospace Announcement Details

Quarter
Q1 2024
Time
N/A
Conference Call Date
Thursday, May 2, 2024
Conference Call Time
7:00AM ET

Earnings Documents

Magellan Aerospace Earnings Headlines

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About Magellan Aerospace

Magellan Aerospace (TSE:MAL) Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

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