Astronics Corporation (NASDAQ:ATRO) is reporting third quarter earnings results on Friday 30th October 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.24 per share.
For the full year, analysts predict revenues of $ 506.29 million, while looking forward to loss of $ 3.37 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 500.00 million ~ $ 525.00 million
Click Here For More Historical Outlooks Of Astronics Corporation
Previous Quarter Performance
Astronics Corporation announced loss for the second quarter of $ 0.36 per share, from the revenue of $ 123.69 million. Street analysts expected Astronics Corporation to report loss of $ 0.31 per share on revenue of $ 110.03 million for the second quarter. The bottom line results missed street analysts by $ 0.05 or 16.13 percent, at the same time, top line results outshined analysts by $ 13.66 million or 12.41 percent.
Stock Performance
Shares of Astronics Corporation traded up $ 0.30 or 4.53 percent on Thursday, reaching $ 6.92 with volume of 255.00 thousand shares. Astronics Corporation has traded high as $ 7.06 and has cracked $ 6.56 on the downward trend
According to the previous trading day, closing price of $ 6.92, representing a 0.91 % increase from the 52 week low of $ 6.56 and a 80.08 % decrease over the 52 week high of $ 33.24.
The company has a market capital of $ 211.95 million and is part of the Industrials sector and Aerospace & Defense industry.
Conference Call
Astronics Corporation will be hosting a conference call at 11:00 AM eastern time on 30th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.astronics.com
Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defence, and electronic industries in the United States, North America, Asia, Europe, South America, and internationally. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and motions systems, aircraft structures, avionics products, system certification systems, and other products.
