Astronics (ATROB) to Release Earnings on Tuesday

Astronics (OTCMKTS:ATROB) is projected to post its results after the market closes on Tuesday, August 11th. Analysts expect the company to post earnings of $0.59 per share and revenue of $245.3020 million for the quarter.

Astronics (OTCMKTS:ATROB) last released its quarterly earnings data on Tuesday, May 12th. The aerospace company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.03. Astronics had a net margin of 5.12% and a return on equity of 49.34%. The business had revenue of $230.62 million for the quarter, compared to analyst estimates of $225.52 million.

Astronics Trading Up 7.4%

OTCMKTS:ATROB traded up $5.24 during trading hours on Tuesday, hitting $76.13. The stock had a trading volume of 13,937 shares, compared to its average volume of 39,753. Astronics has a one year low of $22.90 and a one year high of $91.15. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.63 and a current ratio of 2.97. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 77.42 and a beta of 1.09. The business’s 50 day moving average is $97.65 and its 200-day moving average is $81.64.

Astronics Company Profile

Astronics Corporation is a global provider of advanced technology solutions to the aerospace, defense and other high-reliability industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through both organic innovation and targeted acquisitions. Astronics delivers mission-critical products that enhance aircraft safety, passenger comfort and operational efficiency for major airframers, airlines and defense contractors worldwide.

The company’s product portfolio spans several key areas, including electrical power generation and management systems, LED cabin lighting and safety systems, connectivity and data solutions, and automated test equipment.