ATRO Stock Recent News

Astronics Corporation (ATRO) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to loss of $0.21 per share a year ago.

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) to Webcast Presentation at the Needham Growth Conference.

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) to Webcast Presentation at the CJS New Ideas Conference.

ATRO, CASS and DAR have been added to the Zacks Rank #5 (Strong Sell) List on December 22, 2023.

Geopolitical tensions are mounting, and the defense sector is on the rise. While some investors tend to buy into it during these times, others may find it unpalatable to profit from armed conflicts.

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.