Loar (LOAR) Expected to Announce 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 that are interested in participating in the company’s conference call can do so using this link.

Loar Trading Down 2.6 %

NYSE LOAR opened at $66.00 on Friday. Loar has a one year low of $42.57 and a one year 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. The company’s 50-day simple moving average is $71.48 and its two-hundred day simple moving average is $77.06.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada cut their price objective on shares of Loar from $100.00 to $92.00 and set an “outperform” rating on the stock in a 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.