Air Industries (AIRI) Reports Q3 Loss, Tops Revenue Estimates

Air Industries (AIRI) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to a loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +95.45%. A quarter ago, it was expected that this maker of parts for the aerospace industry and defense contractors would post a loss of $0.15 per share when it actually produced a loss of $0.11, delivering a surprise of ...