ATRO Stock Recent News

Astronics Corporation (NASDAQ:ATRO ) Q3 2023 Earnings Conference Call November 8, 2023 4:45 PM ET Company Participants Deborah Pawlowski - Chairman, CEO and Founder, Kei Advisors LLC Peter Gundermann - Chairman, CEO & President David Burney - EVP, Finance, CFO & Treasurer Conference Call Participants Pete Osterland - Truist Securities Jon Tanwanteng - CJS Securities Operator Good afternoon, everyone, and welcome to the Astronics Corporation Third Quarter 2023 Financial Results Conference Call. [Operator Instructions] Please also note, today's event is being recorded.

Astronics Corporation is a provider of advanced technologies to the aerospace, defense, and electronics industries. The company has exposure to growth platforms in commercial airplanes, in-flight entertainment, and connectivity solutions. While Astronics stock is a buy, the weak cash position and uncertainty in aircraft program production rate increases somewhat reduce the appeal.

Astronics Corporation has seen a significant increase in sales but has struggled to improve its bottom line. The company experienced stagnation before the pandemic, with a decline in sales and operating profits. Despite recent growth, Astronics stock is still valued at around 1 times sales, which is compelling if margins can improve, which is a big if.

Astronics Corporation (NASDAQ:ATRO ) Q2 2023 Earnings Conference Call August 3, 2023 4:45 PM ET Company Participants Deborah Pawlowski - Chairman, CEO and Founder, Kei Advisors LLC Peter Gundermann - Chairman, CEO & President David Burney - EVP, Finance, CFO & Treasurer Conference Call Participants Jon Tanwanteng - CJS Securities Sam Struhsaker - Truist Securities Operator Good afternoon, and welcome to the Astronics Corporation Second Quarter Fiscal Year 2023 Financial Results Conference Call. [Operator Instructions].

Astronics missed earnings expectations despite growing demand for its aircraft interiors offerings. The company is navigating through some supply chain and legal issues.

Astronics Corporation (ATRO) came out with a quarterly loss of $0.37 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.34 per share a year ago.

Astronics Corporation (ATRO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Recently, Zacks.com users have been paying close attention to Astronics Corporation (ATRO). This makes it worthwhile to examine what the stock has in store.

Astronics Corporation (ATRO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Astronics' (ATRO) innovative product line and initiatives to meet aerospace carbon neutrality will have a positive impact on the company's performance.