Cubic Corp. (CUB) Tops Q4 EPS by 23c, Beats on Revenues; Offers FY18 Revenue Mid-Point Guidance Below Consensus

Cubic Corp. (NYSE: CUB) reported Q4 EPS of $0.49, $0.23 better than the analyst estimate of $0.26. Revenue for the quarter came in at $445.6 million versus the consensus estimate of $435.68 million.

Fiscal 2018 Guidance

• Sales guidance for fiscal 2018 of $1.51 billion to $1.56 billion.
• Adjusted EBITDA(1)(2) guidance of $110 million to $135 million(3). The midpoint of this range represents a 16 percent increase from fiscal 2017.

GUIDANCE:

Cubic Corp. sees FY2018 revenue of $1.51-1.56 billion, versus the consensus of $1.56 billion.

For earnings history and earnings-related data on Cubic Corp. (CUB) click here.

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