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Goodrich Scales Back 2009 Outlook

Aircraft parts maker on Wednesday cut its 2009 profit forecast, citing updated pension expense expectations and the uncertain global economic environment.

CHARLOTTE, N.C. (AP) -- Aircraft parts maker Goodrich Corp. on Wednesday cut its 2009 profit forecast, citing updated pension expense expectations and the uncertain global economic environment.

Goodrich said it now expects to post a 2009 profit from continuing operations of $4.50 to $4.90 per share, down from its previous expectations of $5.05 to $5.25 per share.

Sales are expected to total between $7.1 billion and $7.2 billion.

Analysts polled by Thomson Reuters expect a 2009 profit of $4.94 per share on $7.57 billion in sales.

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