Loar Holdings Reports Third Quarter 2024 Earnings

Loar Holdings (NYSE:LOAR) Third Quarter 2024 Results

Key Financial Results

• Net income: US$8.66m (up by US$8.66m from 3Q 2023).
• EPS: US$0.096.

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

Loar Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Aerospace & Defense industry in the US.

Performance of the American Aerospace & Defense industry.

The company's shares are down 3.0% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Loar Holdings (including 1 which doesn't sit too well with us).

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