Loar (LOAR) to Release Quarterly Earnings on Monday

Loar (NYSE:LOAR) is anticipated to issue its quarterly earnings data before the market opens on Monday, March 31st. Analysts expect the company to announce earnings of $0.11 per share and revenue of $102.51 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Loar Stock Down 0.7 %

Shares of LOAR opened at $64.95 on Monday. The company’s 50-day moving average is $72.44 and its 200-day moving average is $77.25. Loar has a fifty-two week low of $42.57 and a fifty-two week high of $96.99. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.95 and a quick ratio of 2.28.

Analyst Ratings Changes

Separately, Royal Bank of Canada dropped their price objective on shares of Loar from $100.00 to $92.00 and set an “outperform” rating on the stock in a research report on Monday, February 24th.

Loar Company Profile

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.