Astronics (NASDAQ:ATRO) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Astronics (NASDAQ:ATRO) released its earnings results on Tuesday. The aerospace company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04, FiscalAI reports. Astronics had a return on equity of 39.95% and a net margin of 3.41%.The company had revenue of $230.62 million during the quarter, compared to analysts’ expectations of $225.52 million. During the same period in the prior year, the business posted $0.44 EPS. The business’s revenue was up 12.0% on a year-over-year basis.

Here are the key takeaways from Astronics’ conference call:

• Astronics reported a strong Q1, with revenue of $231 million near the high end of guidance, adjusted EBITDA margin expanding to 16.4%, and both bookings and backlog reaching all-time records.
• Management raised full-year 2026 revenue guidance to $970 million-$1.0 billion from $950 million-$990 million, citing broad-based demand rather than a one-time order.
• Aerospace remained the main growth driver, with strength in commercial transport, IFEC, general aviation/VVIP, and improving Seat Motion; aerospace backlog hit a record $651.4 million.
• Test Systems is improving, and management expects a major upside from the U.S. Army Radio Test Program, which they say should begin production soon and contribute materially in the second half of 2026 and beyond.
• Near-term profitability benefited from higher volume and better execution, but was partly offset by about $1.7 million-$2.0 million of tariff-related costs; management also expects further one-time tax benefits if it releases its deferred tax valuation allowance in coming quarters.

Astronics Stock Performance

ATRO stock traded down $4.55 during trading on Wednesday, hitting $73.71. 230,585 shares of the company’s stock traded hands, compared to its average volume of 642,578. The company has a quick ratio of 1.71, a current ratio of 3.10 and a debt-to-equity ratio of 2.39. Astronics has a 52 week low of $27.27 and a 52 week high of $83.96. The stock has a fifty day moving average price of $72.16 and a two-hundred day moving average price of $65.24. The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of 94.62 and a beta of 1.10.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ATRO shares. Truist Financial upgraded shares of Astronics to a “strong-buy” rating in a research note on Monday, May 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Astronics in a research report on Monday, April 20th. Zacks Research upgraded shares of Astronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. Finally, Wall Street Zen raised shares of Astronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Three research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Astronics currently has an average rating of “Buy” and an average price target of $77.33.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of ATRO. IFP Advisors Inc raised its stake in Astronics by 389.6% during the third quarter. IFP Advisors Inc now owns 563 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 448 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Astronics by 147.6% in the second quarter. EverSource Wealth Advisors LLC now owns 894 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 533 shares during the period. Quarry LP grew its holdings in shares of Astronics by 33.6% during the fourth quarter. Quarry LP now owns 568 shares of the aerospace company’s stock valued at $31,000 after purchasing an additional 143 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of Astronics during the 4th quarter worth approximately $43,000. Finally, US Bancorp DE raised its position in shares of Astronics by 41.0% during the 3rd quarter. US Bancorp DE now owns 966 shares of the aerospace company’s stock worth $44,000 after purchasing an additional 281 shares during the period. 56.68% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Astronics

Here are the key news stories impacting Astronics this week:

• Positive Sentiment: Astronics posted Q1 earnings of $0.59 per share, topping the consensus estimate of $0.55, while revenue rose 12% year over year to $230.6 million and exceeded expectations. Article Title
• Positive Sentiment: The quarter showed strong operating leverage, with gross profit, operating profit, and net income all rising sharply from a year ago, highlighting improved profitability in the aerospace business. Article Title
• Neutral Sentiment: The company also updated its second-quarter 2026 revenue guidance to $245 million-$250 million, which is above the current consensus estimate of $238.5 million, but it did not provide a clear EPS guide in the reported details. Article Title
• Negative Sentiment: The stock fell as traders looked past the EPS beat, with revenue coming in only slightly below some estimates and concerns around cash flow, higher capital spending, and a rise in liabilities. Article Title

About Astronics

Astronics Corporation (NASDAQ: ATRO) is a global leader in the design and manufacture of advanced technologies primarily for the aerospace, defense and semiconductor industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through a combination of internal development and strategic acquisitions. Astronics operates multiple business units focused on power conversion, distribution and control; cabin electronics and connectivity; aircraft lighting and safety solutions; and automated test systems.

The company’s aerospace products include onboard power generation and management systems, in-flight entertainment and connectivity hardware, LED and fluorescent lighting for aircraft cabins and cockpits, and safety equipment such as escape slide power units.