Core Insights - Air Industries (AIRI) reported a quarterly loss of $0.01 per share, significantly better than the Zacks Consensus Estimate of a loss of $0.22, and an improvement from a loss of $0.12 per share a year ago [1][2] - The company achieved an earnings surprise of +95.45% for the quarter, having previously been expected to post a loss of $0.15 per share but actually reporting a loss of $0.11 per share in the prior quarter [2] - Air Industries generated revenues of $10.31 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 3.09%, although this represents a decline from $12.56 million in the same quarter last year [3] Financial Performance - The company has surpassed consensus EPS estimates two times over the last four quarters [2] - Air Industries has also topped consensus revenue estimates two times in the last four quarters [3] - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of $13.5 million, and for the current fiscal year, it is -$0.61 on revenues of $48.29 million [8] Market Position - Air Industries shares have declined approximately 26.8% since the beginning of the year, contrasting with the S&P 500's gain of 14.6% [4] - The Zacks Industry Rank for Aerospace - Defense places it in the top 37% of over 250 Zacks industries, indicating a favorable position compared to the bottom 50% [9] Future Outlook - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call [4] - The estimate revisions trend for Air Industries was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [7]
Air Industries (AIRI) Reports Q3 Loss, Tops Revenue Estimates