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Stock Market & Financial Investment News

News Breaks
February 15, 2013
07:45 EDTEACErickson Air-Crane downgraded to Hold from Buy at Stifel Nicolaus
Stifel Nicolaus downgraded Erickson Air-Crane based on valuation.
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May 20, 2013
16:14 EDTEACCetus Capital II reports 8.3% passive stake in Erickson Air-Crane
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May 19, 2013
12:18 EDTEACErickson Air-Crane announces purchase of five aircraft
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May 17, 2013
10:07 EDTEACOn The Fly: Analyst Initiation Summary
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08:51 EDTEACErickson Air-Crane initiated with an In-Line at Imperial Capital
Target $30.
May 9, 2013
16:10 EDTEACErickson Air-Crane sees FY13 pro forma revenue $385M-$395M
May not compare to consensus $188.73M. Erickson provided FY13 guidance for revenues and Adjusted EBITDA that reflects a reiteration of the company’s previously communicated expectations for its base business and the inclusion of expected results for the acquired EHI business. The company now expects to report FY13 revenues in the range of $325M-$335M, and adjusted EBITDA $93M-$101M. On a pro forma basis, as if the acquisition and associated financing had occurred on January 1, the company expects full year revenues in the range of $385M-$395M and adjusted EBITDA $108M-$116M.
16:07 EDTEACErickson Air-Crane reports Q1 adjusted EPS 1c, consensus (13c)
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