Loar Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
Loar Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
Loar Holdings Inc. LOAR.N reported quarterly adjusted earnings of 37 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of five analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 30 cents to 32 cents per share.
Revenue rose 39.4% to $171.58 million from a year ago; analysts expected $162.80 million.
Loar Holdings Inc.'s reported EPS for the quarter was 18 cents.
The company reported quarterly net income of $16.74 million.
Loar Holdings Inc. shares had fallen by 6.1% this quarter and gained 11.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 32.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "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 $82.05, about 7.8% above its last closing price of $75.66
This summary was machine generated from LSEG data August 6 at 03:04 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.31 | 0.37 | Beat |
Mar. 31 2026 | 0.16 | 0.34 | Beat |
Dec. 31 2025 | 0.22 | 0.26 | Beat |
Sep. 30 2025 | 0.22 | 0.35 | Beat |
Recent news on Loar Holdings
See all newsLoar Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
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