Astronics (OTCMKTS:ATROB) Posts Earnings Results, Beats Expectations By $0.15 EPS

Astronics (OTCMKTS:ATROB) issued its quarterly earnings results on Tuesday. The aerospace company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.60 by $0.15, Zacks reports. Astronics had a negative net margin of 0.37% and a positive return on equity of 29.65%.

Astronics Trading Up 0.1%

ATROB traded up $0.11 during trading hours on Tuesday, reaching $76.11. The company’s stock had a trading volume of 785 shares, compared to its average volume of 304. The stock has a market cap of $2.71 billion, a PE ratio of -845.52 and a beta of 0.97. Astronics has a fifty-two week low of $18.30 and a fifty-two week high of $77.60. The company has a debt-to-equity ratio of 3.07, a current ratio of 2.87 and a quick ratio of 1.56. The business’s 50-day moving average is $67.91 and its 200-day moving average is $52.83.

About Astronics

Astronics Corporation is a global provider of advanced technology solutions to the aerospace, defense and other high-reliability industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through both organic innovation and targeted acquisitions. Astronics delivers mission-critical products that enhance aircraft safety, passenger comfort and operational efficiency for major airframers, airlines and defense contractors worldwide.

The company’s product portfolio spans several key areas, including electrical power generation and management systems, LED cabin lighting and safety systems, connectivity and data solutions, and automated test equipment.