Loar (LOAR) to Release Earnings on Monday

Loar (NYSE:LOAR) is expected to be posting 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. Investors interested in registering for the company’s conference call can do so using this link.

Loar Stock Down 2.6 %

LOAR stock opened at $66.00 on Friday. The company has a 50-day moving average of $71.48 and a two-hundred day moving average of $77.03. Loar has a 52-week low of $42.57 and a 52-week high of $96.99. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.28 and a current ratio of 3.95.

Analysts Set New Price Targets

Separately, Royal Bank of Canada dropped their target price 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.