Loar Holdings Q2 sales beat estimates; lifts 2026 outlook

Loar Holdings

06/08/2026 13:38

Overview
US aerospace components maker's Q2 sales rose 39% yr/yr, beating analyst expectations
Adjusted EPS for Q2 beat consensus, up 22.6% from prior year
Company raised 2026 outlook for sales, net income, and adjusted EBITDA

Outlook
Loar Holdings raises 2026 net sales outlook to $665 mln-$675 mln from $645 mln-$655 mln
Company now expects 2026 net income of $56 mln-$60 mln, up from $53 mln-$57 mln
Loar Holdings sees 2026 adjusted EBITDA of $265 mln-$270 mln, up from $257 mln-$262 mln

Result Drivers
END-MARKET DEMAND - Co said exceptional demand across commercial, business jet, general aviation, and defense end-markets drove Q2 sales growth
PIPELINE CONVERSION - Co secured initial orders from its pipeline, providing revenue visibility for $200 mln over next five years, per CEO Dirkson Charles
HIGHER EXPENSES - Flat net income in Q2 was due to higher interest expense and increased non-cash amortization of acquired intangible assets

Company press release: ID:nACSsmLRHa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$171.58 mln
$162.80 mln (4 Analysts)
Q2 Adjusted EPS
Beat
$0.38
$0.31 (5 Analysts)
Q2 EPS
 
$0.18
 
Q2 Net Income
 
$16.74 mln
 
Q2 EBIT
 
$41.85 mln
 

Analyst Coverage
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 "buy"
Wall Street's median 12-month price target for Loar Holdings Inc. is $82.05, about 8.4% above its August 5 closing price of $75.66
The stock recently traded at 53 times the next 12-month earnings vs. a P/E of 64 three months ago

Reuters Recommended Reads
Aug 6 - Howmet Aerospace boosts 2026 forecasts as rising jet production drives demand for parts
Aug 6 - Parker-Hannifin forecasts annual profit above estimates on strong aerospace parts demand
Aug 4 - TransDigm lifts 2026 forecast on robust aftermarket aircraft parts demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)