Astronics Sees FY24 Revenue $780-$800M Vs $770.015M Est.
Portfolio Pulse from Benzinga Newsdesk
Astronics Corporation has projected its FY24 revenue to be between $780 million and $800 million, surpassing the estimated $770.015 million.

August 01, 2024 | 8:46 pm
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POSITIVE IMPACT
Astronics Corporation has projected its FY24 revenue to be between $780 million and $800 million, surpassing the estimated $770.015 million. This positive revenue outlook is likely to boost investor confidence and potentially drive the stock price up in the short term.
The revenue projection exceeding estimates indicates strong business performance and growth potential, which is likely to positively impact investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100