BUZZ-Astronics rises on strong preliminary Q4 revenue, 2025 forecast

Reuters

2025/01/10

BUZZ-<a href="https://laohu8.com/S/ATRO">Astronics</a> rises on strong preliminary Q4 revenue, 2025 forecast

** Shares of Astronics Corp ATRO.O up 7.3% at $16.74, before the bell

** Aerospace and defense components maker expects Q4 unaudited revenue to be in the range of $208 million-$210 million; analysts on an average expects revenue to be $194.9 million - data compiled by LSEG

** ATRO expects 2025 revenue to be between $820 million and $860 million, mid point of which is above analysts' average expectations of $836.4 million

** East Aurora, New York-based Astronics says deliveries to Boeing BA.N following the end of the strike have been slowly resuming at a relatively low rate

** Stock lost ~8.4% in 2024

(Reporting by Rupali Chaudhary in Bengaluru)

((Rupali.Chaudhary@thomsonreuters.com))

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