Astronics (ATROB) to Release Quarterly Earnings on Tuesday

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

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

Astronics Trading Up 7.4%

ATROB traded up $5.24 during trading on Tuesday, reaching $76.13. 13,937 shares of the company’s stock were exchanged, compared to its average volume of 39,753. The company’s fifty day moving average price is $97.65 and its 200-day moving average price is $81.64. The firm has a market capitalization of $3.27 billion, a PE ratio of 77.42 and a beta of 1.09. Astronics has a fifty-two week low of $22.90 and a fifty-two week 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.

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.