Loar (LOAR) to Release Quarterly Earnings on Monday

Loar (NYSE:LOAR) is anticipated to post its quarterly earnings results before the market opens on Monday, March 31st. Analysts expect Loar to post earnings of $0.11 per share and revenue of $102.51 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Loar Price Performance

NYSE:LOAR opened at $64.95 on Monday. Loar has a 52 week low of $42.57 and a 52 week high of $96.99. The firm’s 50-day simple moving average is $72.44 and its 200 day simple moving average is $77.25. The company has a quick ratio of 2.28, a current ratio of 3.95 and a debt-to-equity ratio of 0.78.

Analyst Ratings Changes

Separately, Royal Bank of Canada lowered their price target 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.