Loar Holdings Q2 Adj. EPS $0.38 Beats $0.31 Estimate, Sales $171.579M Beat $162.799M Estimate
Loar Holdings (NYSE:LOAR) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.31 by 22.58 percent. This is a 65.22 percent increase over earnings of $0.23 per share from the
Loar Holdings made more money than experts predicted—their earnings were way higher and their sales were stronger too. When a company beats what people expected, it's a sign the business is doing well, so it's worth paying attention to whether this keeps happening.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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