Mercury (NASDAQ: MRCY) posted fourth-quarter earnings per share of $0.37, falling short of the $0.39 consensus estimate by $0.02. Revenue for the period totaled $289.78 million, surpassing the $265.39 million forecast.
The company’s stock closed at $105.00, up 6.54% over the past three months and 63.50% year-over-year. Over the last 90 days, Mercury’s earnings per share estimates have seen eight downward revisions compared with one upward adjustment.
InvestingPro rated Mercury’s financial health as "fair performance" for the quarter.
