Loar (NYSE:LOAR) Releases FY 2025 Earnings Guidance

Loar (NYSE:LOAR) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.700-0.750 for the period, compared to the consensus estimate of 0.730. The company issued revenue guidance of $480.0 million-$488.0 million, compared to the consensus revenue estimate of $483.9 million.

Loar Price Performance

LOAR stock opened at $86.25 on Friday. Loar has a 52 week low of $42.57 and a 52 week high of $96.99. The firm has a market capitalization of $8.07 billion and a P/E ratio of 359.36. The company has a fifty day simple moving average of $70.81 and a two-hundred day simple moving average of $77.11. The company has a quick ratio of 2.28, a current ratio of 3.95 and a debt-to-equity ratio of 0.78.

Loar (NYSE:LOAR) last announced its quarterly earnings results on Monday, March 31st. The company reported $0.11 EPS for the quarter, meeting analysts’ consensus estimates of $0.11. The business had revenue of $110.40 million during the quarter, compared to the consensus estimate of $102.51 million. The firm’s revenue for the quarter was up 27.8% on a year-over-year basis. Analysts anticipate that Loar will post 0.28 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on LOAR shares. Morgan Stanley raised Loar from an “equal weight” rating to an “overweight” rating and set a $91.00 target price on the stock in a research report on Thursday, April 3rd. Royal Bank of Canada reissued an “outperform” rating and issued a $92.00 target price on shares of Loar in a research note on Tuesday, April 1st.

About Loar

Loar Holdings Inc, through its subsidiaries, designs, manufactures, and markets aerospace and defense components for aircraft, and aerospace and defense systems in the United States and internationally. It offers products in various categories, which include airframe components, structural components, avionics, composites, braking system components, de-ice and ice protection, electro-mechanical, engineered materials, flight controls, fluid and motion controls, environmental, metal forming, molded components, and restraints and safety devices.