Esterline Technologies Co. (ESL) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.45-0.60 for the period, compared to the Thomson Reuters consensus estimate of $1.17. The company issued revenue guidance of $450-480 million, compared to the consensus revenue estimate of $500.23 million.Esterline Technologies also updated its FY13 guidance to $5.45-5.80 EPS.

Esterline Technologies Co. (ESL) traded up 1.98% on Thursday, hitting $60.65. Esterline Technologies Co. (ESL) has a 1-year low of $49.97 and a 1-year high of $76.86. The company has a market cap of $1.871 billion and a price-to-earnings ratio of 26.42.

Esterline Technologies last issued its quarterly earnings data on Thursday, December 6th. The company reported $1.97 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.60 by $0.37. The company had revenue of $530.70 million for the quarter, compared to the consensus estimate of $523.70 million. During the same quarter in 2011, the company posted $1.21 earnings per share. Esterline Technologies’s revenue was up 5.6% compared to the same quarter last year. On average, analysts predict that Esterline Technologies Co. (ESL) will post $4.72 earnings per share for the current fiscal year.

A number of research firms have also recently commented on ESL. Analysts at KeyBanc downgraded shares of Esterline Technologies from a buy rating to a hold rating in a research note to investors on Tuesday. On a related note, analysts at Topeka Capital initiated coverage on shares of Esterline Technologies in a research note to investors on Thursday, September 27th. They set a buy rating on the stock. Finally, analysts at Bank of America initiated coverage on shares of Esterline Technologies in a research note to investors on Friday, September 21st. They set a neutral rating and a $66.00 price target on the stock.

Esterline Technologies Corporation (Esterline) is a manufacturing company serving aerospace and defense customers.

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