Aerospace and defense company Ducommun (NYSE:DCO) will be announcing earnings results tomorrow before the bell. Here’s what to look for.

Ducommun beat analysts’ revenue expectations by 1.1% last quarter, reporting revenues of $197 million, up 5.2% year on year. It was a stunning quarter for the company, with an impressive beat of analysts’ earnings and EBITDA estimates.

Is Ducommun a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Ducommun’s revenue to decline 1.1% year on year to $194.1 million, a reversal from the 5.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.74 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Ducommun has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Ducommun’s peers in the aerospace segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Curtiss-Wright delivered year-on-year revenue growth of 10.3%, beating analysts’ expectations by 5.4%, and AAR reported revenues up 20.4%, topping estimates by 2.3%. Curtiss-Wright traded down 2.3% following the results while AAR was also down 4.4%.

Read our full analysis of Curtiss-Wright’s results here and AAR’s results here.

There has been positive sentiment among investors in the aerospace segment, with share prices up 2.7% on average over the last month. Ducommun is down 2.1% during the same time and is heading into earnings with an average analyst price target of $75.75 (compared to the current share price of $61.68).

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