Astronics Corp. (OTCMKTS:ATROB) Releases Quarterly Earnings Results, Misses Estimates By $0.16 EPS
Astronics Corp. (OTCMKTS:ATROB) posted its quarterly earnings data on Wednesday. The aerospace company reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by $0.16, Morningstar.com reports. The company had revenue of $151.11 million for the quarter. Astronics Corp. had a net margin of 7.75% and a return on equity of 14.58%.
Astronics Corp. (OTCMKTS:ATROB) traded up 1.63% during midday trading on Thursday, reaching $25.50. The company’s stock had a trading volume of 2,082 shares. The stock’s 50 day moving average is $30.35 and its 200 day moving average is $31.44. Astronics Corp. has a 12-month low of $25.40 and a 12-month high of $46.39. The stock has a market cap of $739.42 million, a P/E ratio of 15.84 and a beta of 1.26.
ILLEGAL ACTIVITY NOTICE: “Astronics Corp. (OTCMKTS:ATROB) Releases Quarterly Earnings Results, Misses Estimates By $0.16 EPS” was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of United States and international copyright and trademark legislation. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/08/03/astronics-corp-otcmktsatrob-releases-quarterly-earnings-results-misses-estimates-by-0-16-eps.html.
About Astronics Corp.
Astronics Corporation is a supplier of products to the aerospace, defense, electronics and semiconductor industries. The Company’s products and services include electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification and automated test systems.
Receive News & Stock Ratings for Astronics Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Astronics Corp. and related stocks with our FREE daily email newsletter.