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Loar Holdings Inc. (LOAR)
NYSE:LOAR
Holding LOAR?
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Earnings Data
Report Date
May 20, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
$0.01Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2024
|% Change Since: -17.34%
|Next Earnings Date:May 20, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in sales and profitability for Loar Holdings, driven by strong performance in the commercial and defense sectors. Despite some challenges such as increased interest expenses and supply chain issues affecting the OEM segment, the company's positive outlook for 2025 and strategic acquisitions underscore a strong growth trajectory.Company Guidance
During the Loar Holdings Inc. Q3 2024 earnings call, the company provided detailed guidance for both the remainder of 2024 and into 2025. For 2024, the company anticipates net sales between $390 million and $394 million, an adjusted EBITDA between $141 million and $143 million, and adjusted EPS of $0.35 to $0.37. The guidance for 2025 projects net sales of $470 million to $480 million, adjusted EBITDA of $176 million to $180 million, with an adjusted EBITDA margin of approximately 37.5%, and adjusted EPS ranging from $0.45 to $0.50. Loar expects capital expenditures of approximately $14 million in 2025 and an interest expense of around $60 million, with a full-year effective tax rate of approximately 30%. The company also highlighted its expectation for operating cash flow minus capital expenditures to exceed 125% of net income. These projections are based on strong visibility into their business, record backlogs, and continued demand in the aerospace sector.Record Sales and Growth
Loar Holdings achieved record sales of $110 million in Q3 2024, marking a 16% increase compared to the prior year. This was driven by strong performances in defense, commercial OEM, and commercial aftermarket.
Commercial OEM and Aftermarket Success
Commercial aftermarket sales increased by 19% in Q3 year-over-year and are up 16% sequentially from Q2 2024. Commercial OEM sales increased by 21% in Q3 2024 compared to the prior year.
Defense Sales Growth
Defense sales increased by 25% compared to the prior year period, driven by strong demand across multiple platforms and an increase in market share due to new product launches.
Improved Financial Metrics
Gross profit for Q3 2024 increased by 200 basis points compared to the prior year. Adjusted EBITDA was up $9 million in Q3 2024 versus the prior year period, with strong adjusted EBITDA margins at 36.8%.
2025 Positive Outlook
For 2025, Loar Holdings projects net sales between $470 million to $480 million, adjusted EBITDA between $176 million and $180 million, and improved adjusted EBITDA margins of approximately 37.5%.
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LOAR 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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LOAR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $88.11 | $80.94 | -8.14% |
| Aug 13, 2024 | $62.31 | $74.09 | +18.91% |
| May 14, 2024 | $46.90 | $47.15 | +0.53% |
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 Loar Holdings Inc. (LOAR) report earnings?
Loar Holdings Inc. (LOAR) is schdueled to report earning on May 20, 2025, TBA Not Confirmed.
What is Loar Holdings Inc. (LOAR) earnings time?
Loar Holdings Inc. (LOAR) earnings time is at May 20, 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 LOAR EPS forecast?
Currently, no data Available
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