Loar Holdings Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Financial Results - Loar Holdings Inc. is set to release its fourth-quarter financial results on March 31, after the closing bell [1] - Analysts anticipate quarterly earnings of 10 cents per share for Loar Holdings [1] - The company projects quarterly revenue of $102.54 million [1] Company Developments - On March 3, Loar Holdings announced the promotion of TC Queener to Executive Vice President [1] - The company's shares experienced a decline of 2.6%, closing at $65.97 on Friday [1] Analyst Ratings - RBC Capital analyst Ken Herbert maintained an Outperform rating but reduced the price target from $100 to $92 [3] - Morgan Stanley analyst Kristine Liwag maintained an Equal-Weight rating and raised the price target from $75 to $89 [3]