Astronics (OTCMKTS:ATROB) Announces Quarterly Earnings Results, Beats Expectations By $0.27 EPS

Astronics (OTCMKTS:ATROB - Get Free Report) posted its quarterly earnings data on Tuesday. The aerospace company reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.27, Zacks reports. Astronics had a negative net margin of 0.82% and a positive return on equity of 6.94%. The firm had revenue of $208.54 million for the quarter, compared to the consensus estimate of $194.91 million.

Astronics Stock Up 3.7 %

OTCMKTS ATROB traded up $0.90 during trading hours on Friday, reaching $24.90. 111 shares of the company traded hands, compared to its average volume of 1,744. Astronics has a 12 month low of $13.50 and a 12 month high of $25.90. The company has a current ratio of 2.83, a quick ratio of 1.46 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $878.02 million, a PE ratio of -131.05 and a beta of 1.75. The company has a 50 day moving average of $17.76 and a two-hundred day moving average of $17.94.

Astronics Company Profile

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products.