|Bid||0.00 x 1100|
|Ask||0.00 x 1100|
|Day's range||24.26 - 25.24|
|52-week range||13.26 - 29.80|
|Beta (5Y monthly)||2.12|
|PE ratio (TTM)||N/A|
|Earnings date||14 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||27 Nov 2017|
|1y target est||28.33|
Industrial pump and flow control product manufacturer Circor International (NYSE: CIR) easily topped quarterly expectations thanks to strong demand and the company's efforts to keep costs under control. Investors liked what they saw, sending Circor shares up as much as 22% on Monday morning. Earlier in the day, Circor reported third-quarter adjusted earnings of $0.69 per share, easily topping the $0.34-per-share analyst consensus estimate on revenue that at $195.36 million came in slightly ahead of expectations.
Circor (CIR) delivered earnings and revenue surprises of 91.67% and 2.80%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
BURLINGTON, Mass., November 14, 2022--CIRCOR International, Inc. (NYSE: CIR) ("CIRCOR" or "the Company"), one of the world’s leading providers of mission critical flow control products and services for the Industrial and Aerospace & Defense markets, today announced financial results for the third quarter ended October 2, 2022.