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Astronics Corp. (DE:AC1)
FRANKFURT:AC1
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.25Last Year’s EPS
-0.08Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 04, 2025
|% Change Since: 19.15%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong revenue growth, significant margin improvements, and a favorable outcome in a major patent litigation case. However, challenges included the impact of the Boeing strike, restructuring and legal expenses, and a warranty reserve impact. Despite these challenges, the positive aspects, such as record aerospace segment revenue and positive cash flow, indicate a generally positive outlook.Company Guidance
In the fourth quarter of fiscal year 2024, Astronics Corporation reported strong financial performance, achieving sales of $208.5 million, marking the high end of their forecasted range. Adjusted operating income for the quarter rose to 11.4%, up from 5.9% the previous year, while adjusted net income increased to 8.1% from 3.3%. Adjusted EBITDA was reported at $31.5 million, or 15.1% of sales. The aerospace segment, contributing significantly to these results, recorded sales of $188.5 million, an 11.7% year-over-year increase, achieving an all-time high. Although the company faced challenges such as a Boeing strike and atypical charges, including a $1.7 million warranty reserve and $6.1 million in legal expenses, they concluded the quarter with a positive cash flow of $26.4 million. Additionally, the company ended the year with a backlog of $599 million and maintained a strong liquidity position with $18.4 million in cash. Looking ahead to 2025, Astronics expects sales to range between $820 million and $860 million, with a focus on facility consolidation and potential acquisitions as part of their growth strategy.Record Aerospace Segment Revenue
The aerospace segment hit a new record in revenue with sales of $188.5 million, an 11.7% increase over the fourth quarter in 2023.
Significant Margin Improvement
Adjusted operating income for the fourth quarter was 11.4%, up from 5.9% last year. Adjusted EBITDA was $31.5 million or 15.1% of sales.
Positive Cash Flow
The company generated $26.4 million in cash from operations for the quarter, marking the largest cash-generating quarter since 2019.
Successful UK Patent Litigation Outcome
The UK court ruled in favor of Astronics, requiring them to pay $11.8 million in damages, significantly less than the potential $105 million.
Strong Sales Growth
Sales grew to $795 million for the year, up 15.4% over 2023, with an average growth of over 20% over the last three years.
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DE:AC1 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:AC1 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 04, 2025 | €18.80 | €20.40 | +8.51% |
| Nov 06, 2024 | €17.40 | €16.70 | -4.02% |
| Aug 01, 2024 | €20.20 | €20.00 | -0.99% |
| May 02, 2024 | €15.80 | €16.00 | +1.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Astronics Corp. (DE:AC1) report earnings?
Astronics Corp. (DE:AC1) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Astronics Corp. (DE:AC1) earnings time?
Astronics Corp. (DE:AC1) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Astronics Corp. stock?
The P/E ratio of Astronics is N/A.
What is DE:AC1 EPS forecast?
DE:AC1 EPS forecast for the fiscal quarter 2025 (Q1) is 0.25.
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