During the fourth quarter, the company reported adjusted earnings of $1.13 per share, which exceeded Wall Street’s expectations of $0.75 per share.
According to Koyfin data, the company reported adjusted earnings of $0.25 per share for the fiscal first quarter, topping the average analysts’ estimate of $0.15 per share.
Under the deal terms, the aerospace and defense firm’s shareholders would receive $26 per share in cash.
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