Ceradyne Inc., which makes ceramics used as military armor and in industrial processes, on Friday reiterated its 2008 outlook and said a potential deal could push its earnings to the high end of its guidance range.
The company said it expects earnings between $4.55 and $5.05 per share.
Analysts polled by Thomson Financial expect profit of $4.62 per share.
Ceradyne also said its revenue will likely be between $715 million and $836 million. Analysts anticipate revenue of $749.5 million.
The company said it will hit the high end of its profit and revenue range if it is awarded a contract to make combat vehicles.
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