EarningsAME's share price reduction since posting 2Q results arguably doesn't fully correspond with more modest EPS reductions, but the prior elevated multiple and push-out of Paragon accretion/returns may also be influencing the stock underperformance.
Financial PerformancePersistent de-stocking headwinds and project push-outs reduce sales and operating performance.
Market ConditionsMixed end market results heading into the second half of the year, with aerospace remaining strong but signs of projects being pushed in other sectors.