Astronics (OTCMKTS:ATROB) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Astronics (OTCMKTS:ATROB) released its quarterly earnings data on Tuesday. The aerospace company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.03, Zacks reports. Astronics had a return on equity of 39.95% and a net margin of 3.41%.

Astronics Stock Performance

OTCMKTS ATROB remained flat at $72.20 during trading on Tuesday. The company’s stock had a trading volume of 135 shares, compared to its average volume of 110. The firm has a market cap of $2.58 billion, a P/E ratio of 93.77 and a beta of 1.04. The company has a 50 day moving average price of $70.07 and a 200-day moving average price of $64.18. The company has a debt-to-equity ratio of 2.39, a current ratio of 3.10 and a quick ratio of 1.71. Astronics has a 12-month low of $27.48 and a 12-month high of $83.00.

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.