Astronics Corporation Reports 2021 First Quarter Financial Results

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Go back to Astronics Corporation Reports 2021 First Quarter Financial Results

Astronics Corp (ATRO) Misses Q1 EPS by 29c, Revenues Beat; Offers 2Q Revenues Guidance Below Consensus

May 6, 2021 6:42 AM EDT

Astronics Corp (NASDAQ: ATRO) reported Q1 EPS of ($0.39), $0.29 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $105.9 million versus the consensus estimate of $101 million.

Peter J. Gundermann, the Companys President and CEO, commented, As we expected, our first quarter was a slow start to the year. However, our Aerospace bookings continue to recover, increasing 36% sequentially... More