Astronics Corp (ATRO) Misses Q3 EPS by 4c; Guides FY15, FY16 to Low-Side of Expectations

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Go back to Astronics Corp (ATRO) Misses Q3 EPS by 4c; Guides FY15, FY16 to Low-Side of Expectations

Astronics Corp (ATRO) Provides Surprising 2016 Revenue Guidance Following In-Line 3Q; Canaccord Genuity Reiterates Buy

November 11, 2015 10:19 AM EST

Canaccord Genuity maintained a Buy rating on Astronics (NASDAQ: ATRO), and cut the price target to $56.00 (from $60.00), following the company's 3Q earnings report. Astronics (ATRO) reported EPS of $0.94 and revenues of $200.1M, in-line with consensus. Most of the growth in the aerospace segment came from... More