Astronics Q2 2024 EPS $0.04 Beats $(0.01) Estimate, Sales $198.100M Beat $190.995M Estimate
Portfolio Pulse from Benzinga Newsdesk
Astronics (NASDAQ:ATRO) reported Q2 2024 earnings per share (EPS) of $0.04, significantly beating the analyst consensus estimate of $(0.01). The company also reported quarterly sales of $198.1 million, surpassing the estimate of $190.995 million and marking a 13.55% increase from the same period last year.
August 01, 2024 | 8:18 pm
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Astronics reported Q2 2024 EPS of $0.04, beating the $(0.01) estimate, and sales of $198.1M, beating the $190.995M estimate. This strong performance is likely to positively impact the stock price in the short term.
Astronics' strong Q2 2024 earnings and revenue performance, significantly beating analyst estimates, is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100