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Erickson Air-Crane Inc Raises FY 2012 Guidance


Wednesday, 7 Nov 2012 04:01pm EST 

Erickson Air-Crane Inc updated fiscal 2012 guidance and expects revenues in a range between $177.0 million and $181.0 million. This compares favorably to its prior guidance of $159.0 million to $165.0 million. The Company now expects to report Adjusted EBITDA between $42.0 million and $44.0 million versus its previously communicated range of $31.5 million to $33.5 million. The Company now expects to report fiscal 2012 pro forma earnings per share between $1.34 and $1.55 (GAAP earnings per share between $1.86 and $2.15) versus its prior expectation for a range of pro forma earnings per share between $0.76 and $0.86 per share (GAAP earnings per share between $1.05 and $1.20). According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $163 million, EBITDA of $33 million and EPS of $1.10 for fiscal 2012. 

Company Quote

15.8
-0.01 -0.06%
10 Jul 2014