Investors interested in Aerospace stocks should always be looking to find the best-performing companies in the group. Air Industries (AIRI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question.Air Industries is one of 45 companies in the Aerospace group. The Aerospace group currently sits a ...

Investors might want to bet on Air Industries (AIRI) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a c ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended: December 31, 2023 or ☐ Transition Report Under Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to_______ Commission File No. 001-35927 (Address of Principal Executive Offices (631) 968-5000 (Registrant's Telephone Number, Including Area Code) Securities registered pu ...

Air Industries Group (NYSE:AIRI) Q4 2023 Earnings Conference Call April 1, 2024 4:30 PM ET Company Participants Luciano Melluzzo - President and Chief Executive Officer Scott Glassman - Chief Financial Officer Conference Call Participants Howard Halpern - Taglich Brothers Operator Hello and welcome to the Air Industries Group Preliminary Fourth Quarter and Full Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal p ...

Core Viewpoint - Three stocks have been added to the Zacks Rank 5 (Strong Sell) List, indicating a negative outlook for these companies based on recent earnings estimate revisions [1] Company Summaries - **Air Industries Group (AIRI)**: This aerospace and defense company has seen its current year earnings estimate revised downward by 90.1% over the last 60 days [1] - **Algoma Steel Group Inc. (ASTL)**: The steel company has experienced a 6.3% downward revision in its current year earnings estimate over the past 60 days [1] - **Blackstone Inc. (BX)**: This asset management company has had its current year earnings estimate revised downward by 7% in the last 60 days [1]

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Air Industries Group (AIRI) is an aerospace and defense company. The Zacks Consensus Estimate for its current year earnings has been revised 90.1% downward over the last 60 days.Ciena Corporation (CIEN) is a network equipment and software company. The Zacks Consensus Estimate for its current year earnings has been revised 10.4% downward over the last 60 days.Heritage Commerce Corp (HTBK) is a bank holding company for Heritage Bank of ...

Core Viewpoint - Air Industries Group has secured two significant contracts from new customers, marking a strategic advancement in its business development efforts and potential revenue growth in the aerospace and defense sectors [1][2][3]. Group 1: Contract Details - The first contract involves an initial order for structural engine nacelle components for the CH-53K Heavy Lift Helicopter, valued at just under $1 million, with an anticipated total order exceeding $12 million over five years [1]. - The second contract is for actuator subassemblies on a developmental aircraft, also initially valued at approximately $1 million, which concludes a multi-year effort to establish a relationship with a major landing gear manufacturer [2]. - Both contracts are expected to lead to substantial future orders as the programs progress into production phases [2][3]. Group 2: Company Strategy and Outlook - The CEO of Air Industries emphasized that these contracts are a result of increased investment in business development and a focus on expanding workshare on the Sikorsky CH-53K [2]. - The company is recognized for its expertise in producing prototype products, which requires high levels of engineering skill, indicating a strong capability to meet the demands of large OEMs [3]. - The establishment of relationships with new customers is seen as a critical step for future growth and order volume [3].

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Air Industries Group (AIRI) is an aerospace and defense company. The Zacks Consensus Estimate for its current year earnings has been revised 90.9% downward over the last 60 days.CBRE Group, Inc. (CBRE) is a commercial real estate services and investment company. The Zacks Consensus Estimate for its current year earnings has been revised 5.6% downward over the last 60 days.Capital City Bank Group, Inc. (CCBG) is the financial holding c ...

Air Industries Group (NYSE:AIRI) Q3 2023 Earnings Conference Call December 7, 2023 4:30 PM ET Company Participants Luciano Melluzzo - President and Chief Executive Officer Scott Glassman - Chief Financial Officer Conference Call Participants Howard Halpern - Taglich Brothers Operator Hello and welcome to the Air Industries Group Third Quarter 2023 Earnings Call. At this time all participants are in listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded. This call and the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: September 30, 2023 or ☐ Transition Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to_______ Commission File No. 001-35927 AIR INDUSTRIES GROUP (Exact name of registrant as specified in its charter) Nevada 80-0948413 (State or other jurisdi ...