Business

CIRCOR Reports financial results, stock slides

Circor sells valves and other engineered products for the oil and gas, power generation, and aerospace and defense markets.
Circor sells valves and other engineered products for the oil and gas, power generation, and aerospace and defense markets.

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Circor International Inc., of Burlington, reported fourth-quarter per-share earnings of 95 cents, beating analyst estimates by a penny. But revenue of $214 million was short of the consensus estimate of $224.53 million, StreetInsider.com said. And Circor sees first-quarter earnings of 68 to 73 cents, not the 83 cents analysts are expecting, and revenue of $200 million to $210 million, versus the consensus estimate of $219.2 million.

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