Since April 2020, the S&P 500 has delivered a total return of 85%. But one standout stock has more than doubled the market - over the past five years, Astronics has surged 197% to $24 per share. Its momentum hasn’t stopped as it’s also gained 14.1% in the last six months thanks to its solid quarterly results, beating the S&P by 23%.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how aerospace stocks fared in Q4, starting with Rocket Lab (NASDAQ:RKLB).
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Moog (NYSE:MOG.A) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at aerospace stocks, starting with Astronics (NASDAQ:ATRO).
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how aerospace stocks fared in Q4, starting with Boeing (NYSE:BA).
Shares of aerospace and defense technology solutions provider Astronics Corporation (NASDAQ:ATRO)
jumped 24.3% in the morning session after the company reported impressive fourth quarter 2024 results that blew past analysts' EBITDA and revenue estimates. Sales rose nearly 7%, driven by double-digit growth in its Aerospace segment, which was impressive given anticipated headwinds related to Boeing's 737 production pause. Gross profit climbed over 25% as higher sales volumes and improved production efficiencies boosted margins.
Aerospace and defense technology solutions provider Astronics Corporation (NASDAQ:ATRO) announced better-than-expected revenue in Q4 CY2024, with sales up 6.8% year on year to $208.5 million. Guidance for next quarter’s revenue was better than expected at $197.5 million at the midpoint, 2% above analysts’ estimates. Its GAAP loss of $0.08 per share was significantly below analysts’ consensus estimates.
Aerospace and defense technology solutions provider Astronics Corporation (NASDAQ:ATRO)
will be reporting earnings tomorrow after the bell. Here’s what you need to know.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the aerospace industry, including Astronics (NASDAQ:ATRO) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the aerospace and defense industry, including Cadre (NYSE:CDRE) and its peers.
Aerospace and defense technology solutions provider Astronics Corporation (NASDAQ:ATRO) announced better-than-expected revenue in Q3 CY2024, with sales up 25% year on year to $203.7 million. The company expects next quarter’s revenue to be around $200 million, close to analysts’ estimates. Its GAAP loss of $0.34 per share was 1,600% below analysts’ consensus estimates.
Aerospace and defense technology solutions provider Astronics Corporation (NASDAQ:ATRO)
will be announcing earnings results tomorrow afternoon. Here’s what to look for.
