Astronics shares are trading lower following a Q2 EPS miss.
Portfolio Pulse from Benzinga Newsdesk
Astronics Corporation reported a miss on its Q2 earnings per share (EPS), leading to a decrease in its share price.
August 04, 2023 | 6:22 pm
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Astronics Corporation's shares are trading lower due to a Q2 EPS miss.
Earnings reports are a significant factor in a company's stock price. A miss on the expected earnings per share (EPS) often leads to a decrease in the company's stock price as it indicates that the company is not performing as well as expected. In this case, Astronics Corporation's Q2 EPS miss has led to a decrease in its share price.
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