BUZZ-Astronics rises on strong preliminary Q4 revenue, 2025 forecast

Reuters
2025.01.10 12:32
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Shares of Astronics Corprose 7.3% to $16.74 following strong preliminary Q4 revenue expectations of $208-$210 million, surpassing analysts' average of $194.9 million. The company also forecasts 2025 revenue between $820 million and $860 million, exceeding the average expectation of $836.4 million. Deliveries to Boeing are resuming post-strike, albeit slowly. However, the stock has declined approximately 8.4% in 2024.