Air Industries Q2 EPS $0.09 Beats $(0.21) Estimate, Sales $13.57M Beat $12.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Air Industries (AMEX:AIRI) reported Q2 earnings of $0.09 per share, significantly beating the analyst consensus estimate of $(0.21). The company also reported quarterly sales of $13.57 million, surpassing the $12.00 million estimate. This marks a substantial improvement in both earnings and sales compared to the same period last year.
August 14, 2024 | 12:35 pm
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Air Industries reported Q2 earnings of $0.09 per share, beating the analyst consensus estimate of $(0.21) by 142.86%. The company also reported quarterly sales of $13.57 million, surpassing the $12.00 million estimate. This marks a significant improvement in both earnings and sales compared to the same period last year.
The significant beat on both EPS and sales estimates, along with the substantial improvement over the same period last year, is likely to positively impact Air Industries' stock price in the short term. Investors will view this as a strong performance, boosting confidence in the company's financial health.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100