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.

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