Astronics Corporation Reports 2018 Second Quarter Financial Results

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Astronics (ATRO) PT Raised to $50 at Dougherty & Co

August 6, 2018 7:32 AM EDT

Dougherty & Co raised its price target on Astronics (NASDAQ: ATRO) to $50.00 (from $41.50) while maintaining a Buy rating.

Analyst Richard Ryan noted a strong beat with emerging leverage.

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Astronics Corp (ATRO) Tops Q2 EPS by 9c, Revenues Beat; Offers FY18 Revenue Outlook

August 3, 2018 6:36 AM EDT

Astronics Corp (NASDAQ: ATRO) reported Q2 EPS of $0.49, $0.09 better than the analyst estimate of $0.40. Revenue for the quarter came in at $208.61 million versus the consensus estimate of $195.91 million.

Mr. Gundermann concluded, We believe we are on track for a strong second half to 2018.... More