Stock Analysis

Astronics Full Year 2022 Earnings: Beats Expectations

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Astronics (NASDAQ:ATRO) Full Year 2022 Results

Key Financial Results

  • Revenue: US$534.9m (up 20% from FY 2021).
  • Net loss: US$35.7m (loss widened by 40% from FY 2021).
  • US$1.11 loss per share (further deteriorated from US$0.82 loss in FY 2021).
NasdaqGS:ATRO Earnings and Revenue History March 16th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Astronics Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Aerospace & Defense industry in the US.

Performance of the American Aerospace & Defense industry.

The company's shares are down 6.5% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Astronics (at least 1 which is a bit concerning), and understanding these should be part of your investment process.

What are the risks and opportunities for Astronics?

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally.

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  • Earnings are forecast to grow 150.27% per year


  • Debt is not well covered by operating cash flow

  • Shareholders have been diluted in the past year

  • Volatile share price over the past 3 months

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Market Cap

1Y Return

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