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LOAR — Loar Holdings News Story

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

Loar Holdings Inc LOAR.N reported quarterly adjusted earnings of 20 cents​​ per share for the quarter ended March 31.  The mean expectation of four analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 16 cents to 20 cents per share.

Revenue was $114.66 million​; analysts expected $112.55 million.

Loar Holdings Inc's reported EPS for the quarter was 16 cents​.

The company reported quarterly net income of $15.32 million.

Loar Holdings Inc shares had risen by 31.8% this quarter and gained 26.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 3.3% 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 "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is  "buy."

Wall Street's median 12-month price target for Loar Holdings Inc is $93.50

This summary was machine generated from LSEG data May 14 at 06:14 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.170.20Beat
Dec. 31 20240.090.11Beat
Sep. 30 20240.130.15Beat
Jun. 30 20240.100.13Beat

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