Astronics (NASDAQ:ATRO – Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Astronics has set its Q1 2024 guidance at EPS and its FY 2024 guidance at EPS.Parties interested in participating in the company’s conference call can do so using this link.
Astronics (NASDAQ:ATRO – Get Free Report) last released its earnings results on Wednesday, February 28th. The aerospace company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.08. Astronics had a negative return on equity of 6.53% and a negative net margin of 3.83%. The company had revenue of $195.29 million during the quarter, compared to analyst estimates of $188.35 million. On average, analysts expect Astronics to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Astronics Trading Down 2.0 %
NASDAQ ATRO opened at $16.46 on Thursday. Astronics has a 1-year low of $14.06 and a 1-year high of $22.44. The company has a current ratio of 2.72, a quick ratio of 1.38 and a debt-to-equity ratio of 0.64. The stock has a 50-day moving average of $18.09 and a 200-day moving average of $16.87. The firm has a market cap of $568.20 million, a PE ratio of -20.07 and a beta of 1.62.
Insider Buying and Selling at Astronics
Wall Street Analyst Weigh In
A number of research firms have commented on ATRO. StockNews.com raised Astronics from a “hold” rating to a “buy” rating in a research report on Thursday, February 29th. Truist Financial upped their price target on Astronics from $18.00 to $21.00 and gave the company a “hold” rating in a research report on Friday, March 1st.
Get Our Latest Research Report on Astronics
Astronics Company Profile
Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products.
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