Defense Stock Loar Tests Key Support Level As Profits Surge
Aerospace and defense stock Loar is pulling back to a key support level, as profits surge. Support would lead to a new buying opportunity.
Loar Holdings Inc. Completes Acquisition of Applied Avionics, Inc.
WHITE PLAINS, NY / ACCESSWIRE / August 26, 2024 / Loar Holdings Inc. (NYSE:LOAR) ("Loar," "we" and "our"), today announced that it has completed the previously announced acquisition of Applied Avionics, Inc. ("Applied Avionics") for approximately $385 million in cash. Applied Avionics designs, develops, and manufactures highly engineered interface solutions for avionics and other aerospace and defense electronics.
LOAR Stock Earnings: Loar Holdings Misses EPS, Beats Revenue for Q2 2024
Loar Holdings (NYSE: LOAR ) just reported results for the second quarter of 2024. Loar Holdings reported earnings per share of 9 cents.
Loar Holdings Inc. Reports Q2 2024 Results and Upward Revision to Guidance
WHITE PLAINS, NY / ACCESSWIRE / August 13, 2024 / Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our"), reported record results for the second quarter of 2024. Second Quarter 2024 Net sales of $97.0 million, up 31.1% versus the prior year's quarter.
Loar Holdings Inc. Announces Date and Time for Second Quarter 2024 Earnings Conference Call
WHITE PLAINS, NY / ACCESSWIRE / August 6, 2024 / Loar Holdings Inc. (NYSE:LOAR), said it will report Q2 2024 earnings before the market opens on Tuesday, August 13, 2024. A conference call will follow at 10:30a.m.
Loar Holdings Inc. Announces Acquisition of Applied Avionics, Inc.
WHITE PLAINS, NY / ACCESSWIRE / July 19, 2024 / Loar Holdings Inc (NYSE:LOAR) ("Loar," "we" and "our"), today announced that it has signed a definitive agreement to acquire Applied Avionics, Inc. ("Applied Avionics") for $385 million in cash. Incorporated in 1968, Applied Avionics designs, develops, and manufactures highly engineered avionics interface solutions.
Wall Street's New Favorites: 3 Stocks Analysts Are Raving About in May
The initial public offering (IPO) market is officially back, featuring several analyst favorite stocks. After two extremely difficult years for new entrants, the risk appetite has dramatically improved with the U.S. stock market hitting record highs in recent weeks.
