StandardAero, Inc. reports results for the quarter ended June 30 - Earnings Summary

• StandardAero, Inc. SARO.N reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended June 30. The mean expectation of eight analysts for the quarter was for earnings of 23 cents per share. Wall Street expected results to range from 21 cents to 25 cents per share.

• Revenue was $1.53 billion​; analysts expected $1.50 billion.

• StandardAero, Inc.'s reported EPS for the quarter was 20 cents​.

• The company reported quarterly net income of $67.71 million.

• StandardAero, Inc. shares had fallen by 9.4% this quarter and gained 15.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 6.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "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 StandardAero, Inc. is $35.50, about 20.7% above its last closing price of $28.16

This summary was machine generated from LSEG data August 13 at 10:20 p.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)