Loar (NYSE:LOAR) Issues FY 2025 Earnings Guidance

Loar (NYSE:LOAR) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.450-0.500 for the period, compared to the consensus earnings per share 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 Performance

Shares of Loar stock opened at $82.17 on Friday. The company has a current ratio of 4.86, a quick ratio of 3.09 and a debt-to-equity ratio of 0.33. Loar has a 1 year low of $42.57 and a 1 year high of $95.35. The company has a 50-day moving average of $78.45 and a 200 day moving average of $65.80.

Loar (NYSE:LOAR) last posted its quarterly earnings data on Tuesday, August 13th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. The company had revenue of $97.10 million for the quarter, compared to the consensus estimate of $91.70 million. The firm’s revenue was up 31.2% on a year-over-year basis. As a group, analysts anticipate that Loar will post 0.37 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $100.00 price objective on shares of Loar in a report on Thursday. Citigroup lifted their target price on shares of Loar from $64.00 to $88.00 and gave the company a “buy” rating in a research note on Tuesday, August 20th. Finally, Morgan Stanley increased their price target on Loar from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Friday, October 18th.

About Loar

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.