Astronics Corporation (ATRO) Beats Q4 Earnings and Revenue Estimates

Core Viewpoint - Astronics Corporation (ATRO) reported strong quarterly earnings, significantly surpassing consensus estimates, indicating robust financial performance and potential for future growth [1][2]. Financial Performance - The company achieved earnings of $0.48 per share, exceeding the Zacks Consensus Estimate of$ 0.21 per share, and up from $0.20 per share a year ago, representing an earnings surprise of 128.57% [1]. - Revenues for the quarter ended December 2024 were$ 208.54 million, surpassing the Zacks Consensus Estimate by 8.78% and up from $195.29 million year-over-year [2]. - Over the last four quarters, Astronics has exceeded consensus EPS estimates two times and topped revenue estimates four times [2]. Stock Performance - Astronics shares have increased by approximately 25.1% since the beginning of the year, contrasting with a decline of 0.5% in the S&P 500 [3]. - The current Zacks Rank for Astronics is 3 (Hold), indicating expected performance in line with the market in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.21 on revenues of $194.47 million, and for the current fiscal year, it is$ 1.10 on revenues of $827.68 million [7]. - The trend of estimate revisions for Astronics is mixed, which may change following the recent earnings report [6]. Industry Context - The Aerospace - Defense Equipment industry, to which Astronics belongs, is currently ranked in the top 29% of over 250 Zacks industries, suggesting a favorable outlook for companies within this sector [8].