Astronics Corporation Reports 2020 Third Quarter Financial Results

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Go back to Astronics Corporation Reports 2020 Third Quarter Financial Results

Astronics Corp (ATRO) Tops Q3 EPS by 7c, Offers FY Outlook

October 30, 2020 6:38 AM EDT

Astronics Corp (NASDAQ: ATRO) reported Q3 EPS of ($0.17), $0.07 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $106.5 million versus the consensus estimate of $109.58 million.

GUIDANCE:

Astronics Corp sees FY2020 revenue at or slightly above $500 million, versus the consensus of $506.3 million.

As discussed previously, the Company believes that, given its assumptions on the economic impacts of COVID-19 on its revenue... More