Air Industries (AIRI) Reports Q3 Loss, Lags Revenue Estimates
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Air Industries (AIRI) reported a Q3 loss of $0.12 per share, missing the Zacks Consensus Estimate of a $0.02 loss. This is an improvement from the $0.40 loss per share a year ago.
November 14, 2024 | 2:30 pm
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Air Industries reported a Q3 loss of $0.12 per share, which is worse than the expected $0.02 loss. However, it shows improvement from the previous year's $0.40 loss.
The reported loss per share of $0.12 is significantly worse than the expected $0.02 loss, which is likely to negatively impact the stock price in the short term. However, the improvement from last year's $0.40 loss may provide some positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100