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Non-Tech : Gulfstream Aerospace GAC -- Ignore unavailable to you. Want to Upgrade?


To: Creighton C. Smith who wrote (180)2/9/1999 11:02:00 AM
From: Creighton C. Smith  Read Replies (1) | Respond to of 197
 
"Gulfstream Reports Record Sales and Earnings for 1998
Fourth Quarter and Full Year"

See: gulfstreamaircraft.com

Just the Highlights:

EPS 4Q'98 (diluted): $0.87/share (Zacks est. $0.84)

EPS FY '98 (diluted): $3.00/share (Zacks est. $2.97)

FY'98 Revenues up 28% to $2.4 Billion

FY'98 New orders: 50 GIVSP's, 40 GV's

FY'98 Backlog: 117 aircraft (does not include 18 planes on option)

FY'98 Gross margin improved to 23.6%

Company expects FY'99 EPS (diluted) of $3.75 (in line with current estimates).

Regards all,

Creighton