Published on 27 Jun 2023 on Zacks via Yahoo Finance
Astronics Corporation (ATRO) Outpaces Stock Market Gains: What You Should Know
Astronics Corporation (ATRO) closed at $19.43 in the latest trading session, marking a +1.36% move from the prior day. This move outpaced the S&P 500's daily gain of 1.15%. Meanwhile, the Dow gained 0.63%, and the Nasdaq, a tech-heavy index, added 7.23%.
Prior to today's trading, shares of the company had gained 17.18% over the past month. This has outpaced the Aerospace sector's gain of 3.69% and the S&P 500's gain of 3.08% in that time.
Investors will be hoping for strength from Astronics Corporation as it approaches its next earnings release. The company is expected to report EPS of -$0.03, up 91.18% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $166.66 million, up 29.06% from the prior-year quarter.