Magellan Aerospace (TSX:MAL) reported quarterly earnings of $0.19 per share which missed the analyst consensus estimate of $0.28 by 32.14 percent. This is a 32.14 percent decrease over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $278.325 million which beat the analyst consensus estimate of $269.309 million by 3.35 percent. This is a 15.63 percent increase over sales of $240.700 million the same period last year.