Astronics Corp reports results for the quarter ended December 31 - Earnings Summary

• Astronics Corp ATRO.OQ reported quarterly adjusted earnings of 75 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -8 cents. The mean expectation of three analysts for the quarter was for earnings of 60 cents per share. Wall Street expected results to range from 54 cents to 66 cents per share.

• Revenue rose 15.1% to $240.07 million from a year ago; analysts expected $212.07 million.

• Astronics Corp's reported EPS for the quarter was 78 cents​.

• The company reported a quarterly loss of $11.1 million.

• Astronics Corp shares had risen by 40.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"

• Wall Street's median 12-month price target for Astronics Corp is $80.00, about 0.8% above its last closing price of $79.39

This summary was machine generated from LSEG data February 24 at 11:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)