Stock Analysis
- United States
- /
- Aerospace & Defense
- /
- NasdaqGS:ATRO
Astronics Full Year 2022 Earnings: Beats Expectations
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).
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.
Rewards
Earnings are forecast to grow 150.27% per year
Risks
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
Further research on
Astronics
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:ATRO
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.
Reasonable growth potential with mediocre balance sheet.
