Astronics Corporation Reports 2015 Fourth Quarter and Full Year Financial Results

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KeyBanc Upgrades Astronics (ATRO) to Overweight

February 18, 2016 6:59 AM EST

KeyBanc upgraded Astronics (NASDAQ: ATRO) from Sector Weight to Overweight with a price target of $35.00. Shares weakened after Astronics reported disappointing Q4 results, but analyst Kevin Ciabattoni thinks the Aerospace growth story remains compelling despite risks.

"We believe shares are... More

Astronics Corp (ATRO) Misses Q4 EPS by 6c; Guides FY16 Sales Outlook Below Consensus

February 17, 2016 6:58 AM EST

Astronics Corp (NASDAQ: ATRO) reported Q4 EPS of $0.53, $0.06 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $157.34 million versus the consensus estimate of $163.53 million.

GUIDANCE:

Astronics Corp sees FY2016 revenue of $665-725 million, versus the consensus of... More