Astronics Corp (ATRO) Misses Q4 EPS by 8c; offers guidance
Astronics Corp (NASDAQ: ATRO) reported Q4 EPS of $0.04, $0.08 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $195.29 million versus the consensus estimate of $189.08 million.
GUIDANCE:
Astronics Corp sees FY2024 revenue of $760-795 million, versus the consensus of $755.5 million.
Sales in the first quarter are expected to be approximately $170- $175 million, versus the consensus of $180.5 million. and are projected to build progressively through the year.
Planned capital expenditures for 2024 are expected to be in the range of $17 million to $22 million.
For earnings history and earnings-related data on Astronics Corp (ATRO) click here.
