Loar (NYSE:LOAR) Updates FY 2025 Earnings Guidance

Loar (NYSE:LOAR - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.450-0.500 for the period, compared to the consensus estimate of 0.670. The company issued revenue guidance of $470.0 million-$480.0 million, compared to the consensus revenue estimate of $464.8 million. Loar also updated its FY 2024 guidance to 0.350-0.370 EPS.Loar Price PerformanceNYSE:LOAR opened at $88.11 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.09 and a current ratio of 4.86. Loar has a 12-month low of $42.57 and a 12-month high of $95.35. The stock's fifty day simple moving average is $78.25 and its 200-day simple moving average is $65.69. Loar (NYSE:LOAR - Get Free Report) last posted its earnings results on Tuesday, August 13th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.03. The company had revenue of $97.10 million for the quarter, compared to analyst estimates of $91.70 million. The business's quarterly revenue was up 31.2% on a year-over-year basis. On average, equities analysts predict that Loar will post 0.37 EPS for the current fiscal year. Analyst Upgrades and DowngradesA number of analysts recently commented on LOAR shares. Morgan Stanley upped their price objective on shares of Loar from $70.00 to $75.00 and gave the company an "equal weight" rating in a research report on Friday, October 18th. Royal Bank of Canada restated an "outperform" rating and issued a $80.00 price target on shares of Loar in a report on Monday, October 7th. Finally, Citigroup lifted their price objective on Loar from $64.00 to $88.00 and gave the company a "buy" rating in a report on Tuesday, August 20th.View Our Latest Stock Report on LoarAbout Loar (Get Free Report)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.Recommended StoriesFive stocks we like better than LoarHow to Invest in Blue Chip StocksIs Palantir's AI Edge Enough to Justify Its Price?Why Invest in High-Yield Dividend Stocks?3 Stocks With Special Dividends: Big Payouts for Savvy InvestorsFind and Profitably Trade Stocks at 52-Week LowsIs Confluent the Next Big Winner in AI-Powered Data Streaming?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners (From Colonial Metals) (Ad)Should you invest $1,000 in Loar right now?Before you consider Loar, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Loar wasn't on the list.While Loar currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here