Astronics (NASDAQ:ATRO) Posts Earnings Results, Beats Expectations By $0.04 EPS

Astronics (NASDAQ:ATRO) posted its quarterly earnings results on Tuesday. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04, FiscalAI reports. The business had revenue of $230.62 million during the quarter, compared to analyst estimates of $225.52 million. Astronics had a return on equity of 48.50% and a net margin of 5.12%.The business’s revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.44 earnings per share.

Here are the key takeaways from Astronics’ conference call:

• Astronics reported a strong Q1, with revenue of $231 million near the high end of guidance, adjusted EBITDA margin expanding to 16.4%, and both bookings and backlog reaching all-time records.
• Management raised full-year 2026 revenue guidance to $970 million-$1.0 billion from $950 million-$990 million, citing broad-based demand rather than a one-time order.
• Aerospace remained the main growth driver, with strength in commercial transport, IFEC, general aviation/VVIP, and improving Seat Motion; aerospace backlog hit a record $651.4 million.
• Test Systems is improving, and management expects a major upside from the U.S. Army Radio Test Program, which they say should begin production soon and contribute materially in the second half of 2026 and beyond.
• Near-term profitability benefited from higher volume and better execution, but was partly offset by about $1.7 million-$2.0 million of tariff-related costs; management also expects further one-time tax benefits if it releases its deferred tax valuation allowance in coming quarters.

Astronics Stock Performance

Astronics stock opened at $80.09 on Thursday. The firm has a 50 day simple moving average of $72.14 and a 200-day simple moving average of $65.45. Astronics has a 1-year low of $27.27 and a 1-year high of $83.96. The company has a debt-to-equity ratio of 2.39, a current ratio of 3.10 and a quick ratio of 1.71. The stock has a market cap of $2.86 billion, a price-to-earnings ratio of 67.87 and a beta of 1.10.

Institutional Trading of Astronics

Several hedge funds have recently made changes to their positions in the company. Fortress Private Ledger LLC purchased a new position in shares of Astronics during the 4th quarter worth approximately $210,000. Meeder Asset Management Inc. purchased a new position in shares of Astronics during the 4th quarter worth approximately $89,000. Osaic Holdings Inc. boosted its position in shares of Astronics by 30.0% during the 2nd quarter. Osaic Holdings Inc. now owns 2,294 shares of the aerospace company’s stock worth $77,000 after purchasing an additional 529 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Astronics by 366.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,175 shares of the aerospace company’s stock worth $173,000 after purchasing an additional 4,065 shares during the period. Finally, Lazard Asset Management LLC purchased a new position in shares of Astronics during the 2nd quarter worth approximately $161,000. Hedge funds and other institutional investors own 56.68% of the company’s stock.

More Astronics News

Here are the key news stories impacting Astronics this week:

• Positive Sentiment: Astronics beat Q1 estimates with earnings of $0.59 per share versus $0.55 expected, while revenue of $230.6 million also topped forecasts. The company said sales rose 12% year over year, reflecting solid demand across its businesses. Article Title
• Positive Sentiment: Management described record bookings and revenue growth in the earnings call highlights, suggesting the company is seeing healthy demand and improving execution. Article Title
• Positive Sentiment: Gross profit, operating profit, and net income all improved sharply year over year, which supports the view that Astronics is benefiting from better margins in addition to higher sales. Article Title
• Neutral Sentiment: The company also guided second-quarter revenue to $245 million-$250 million, above the consensus estimate, which is supportive for the outlook even though EPS guidance details were not clearly provided in the source item. Article Title
• Negative Sentiment: Some market commentary noted the stock fell despite the earnings beat, suggesting investors may be focusing on guidance uncertainty, cash flow pressure, higher capital spending, or balance-sheet leverage rather than just the headline beat. Article Title

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ATRO shares. Zacks Research upgraded Astronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Truist Financial raised shares of Astronics to a “strong-buy” rating in a research note on Monday, May 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Astronics in a research note on Monday, April 20th. Finally, Wall Street Zen raised shares of Astronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 28th. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $77.33.

About Astronics

Astronics Corporation (NASDAQ: ATRO) is a global leader in the design and manufacture of advanced technologies primarily for the aerospace, defense and semiconductor industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through a combination of internal development and strategic acquisitions. Astronics operates multiple business units focused on power conversion, distribution and control; cabin electronics and connectivity; aircraft lighting and safety solutions; and automated test systems.

The company’s aerospace products include onboard power generation and management systems, in-flight entertainment and connectivity hardware, LED and fluorescent lighting for aircraft cabins and cockpits, and safety equipment such as escape slide power units.