Thieler Law Corp Announces Investigation of Esterline Technologies Corp

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Esterline Technologies Corp (NYSE: ESL) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Esterline Technologies Corp (NYSE: ESL) concerning whether a series of statements by Esterline Technologies Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On February 4, 2016, Esterline Technologies reported revenues of $441.5 million for the first quarter of fiscal 2016, falling short of Wall Street analysts’ $476.6 million estimate.  Net income for the first quarter, adjusted for non-recurring costs and to account for discontinued operations, came to $0.62 per share. The results missed Wall Street expectations; the average estimate of analysts was for earnings of $1 per share.

Following this news, NYSE: ESL stock has declined causing investors harm.

Based in Bellevue, Washington, and founded in 1967 Esterline Technologies Corp is engaged in designing, manufacturing, and marketing engineered products and systems for aerospace and defense customers.

If you purchased shares of Esterline Technologies Corp (NYSE: ESL) on or before February 4, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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