Astronics (OTCMKTS:ATROB) Issues Earnings Results

Astronics (OTCMKTS:ATROB) posted its earnings results on Tuesday. The aerospace company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07, Zacks reports. Astronics had a positive return on equity of 22.89% and a negative net margin of 0.45%.The company had revenue of $211.45 million for the quarter, compared to the consensus estimate of $212.08 million.

Astronics Trading Down 6.4%

OTCMKTS:ATROB traded down $3.27 on Wednesday, reaching $48.00. The company’s stock had a trading volume of 240 shares, compared to its average volume of 1,081. Astronics has a 12-month low of $14.86 and a 12-month high of $51.27. The company has a quick ratio of 1.63, a current ratio of 3.04 and a debt-to-equity ratio of 0.59. The stock has a 50 day moving average price of $44.19 and a 200 day moving average price of $35.60. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of -399.97 and a beta of 1.51.

About Astronics

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products.