Magellan Aerospace (MALJF) to Release Quarterly Earnings on Monday

Magellan Aerospace (OTCMKTS:MALJF) is projected to announce its earnings results before the market opens on Monday, March 17th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $160.47 million for the quarter.

Magellan Aerospace Stock Down 2.0 %

MALJF traded down $0.14 during trading on Friday, reaching $6.77. 130 shares of the stock were exchanged, compared to its average volume of 1,638. The business’s 50 day moving average price is $6.92 and its two-hundred day moving average price is $7.12. Magellan Aerospace has a 1 year low of $5.48 and a 1 year high of $7.90.

Magellan Aerospace Company Profile

Magellan Aerospace Corporation, through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. The company offers aero engine products, such as laser welded honeycomb and filament wound tubes, frames, compressor components, bypass ducts, hot section components, and aeroengine and helicopter drive shafts, as well as other flight safety critical machined components, including discs, seals, and spacers; and aerostructures comprising landing gear systems, wing ribs, spars and skins, bulkheads and fuselage components, tailcone assemblies, composite wing and fairing structures, horizontal and vertical stabilizers, plug and nozzle, exhaust systems, crown modules, and vane boxes and transition ducts.