Magellan Aerospace (TSX:MAL) reported quarterly earnings of $0.29 per share which missed the analyst consensus estimate of $0.34 by 14.71 percent. This is a 52.63 percent increase over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $285.102 million which beat the analyst consensus estimate of $279.671 million by 1.94 percent. This is a 9.28 percent increase over sales of $260.900 million the same period last year.