Loar Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• Loar Holdings Inc LOAR.N reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended December 31. The mean expectation of four analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 6 cents to 11 cents per share.

• Revenue was $110.40 million​; analysts expected $106.21 million.

• Loar Holdings Inc's reported EPS for the quarter was 4 cents​.

• The company reported quarterly net income of $3.69 million.

• Loar Holdings Inc shares had held steady so far this quarter and lost 4.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"

• Wall Street's median 12-month price target for Loar Holdings Inc is $91.50

This summary was machine generated from LSEG data April 1 at 07:35 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)