If I look sequentially, the 2 significant changes where we did have a slight increase in aerospace, we did have more upside in the aerospace. But certainly, the press outage had an impact on the ability to capture as much of that upside as we wanted to. And we also add in the quarter, sequentially. We got the benefit of RathGibson versus Q4.If I look operationally, we've kind of talked about this, we did have some headwinds. We talked last quarter about the additional pension expense. It's the last time we're going to kind of give a baseline to this, but if I compare it to last year and, again, to Q4, it was roughly an $8-million impact in the quarter. And the current estimate of the cost of the 29K outage in Q1, we estimate to be $4 million to $5 million in the quarter. And this was more from the lost absorption. Certainly, the initial maintenance and certainly some lost sales all played into that number.
Precision Castparts Management Discusses Q1 2013 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.