EMS said its adjusted profit will be about 90 cents per share. The company had forecast net income of 80 to 90 cents per share. Analysts expect EMS to report a profit of 88 cents per share, according to a FactSet survey.
The company said the results reflect its strategy and structural changes. EMS said it may also receive a tax benefit worth 5 cents per share from the extension of a research and development tax credit, but that benefit is not included in its outlook. The company said it will report its fourth-quarter and full-year results in about four weeks.
Shares of EMS Technologies rose 6 cents to $19.65 in late trading.