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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
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ATI (Allegheny Technologies) stock jumped 4.4% to $191.63 on strong volume, driven by optimism in its Aerospace & Defense business. The company expects quarterly earnings of $1.35 per share (+58.8% YoY) and revenues of $1.33 billion (+17.9% YoY), supported by next-generation jet engines and defense demand. However, earnings estimate revisions have been marginally lower over the past 30 days, which could limit further near-term gains.
RBC Capital analyst Ken Herbert maintains Loar Holdings (NYSE:LOAR) with a Outperform and raises the price target from $80 to $85.
Filed: 2026-08-06 AccNo: 0001193125-26-336895 Size: 1 MB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Loar Holdings (NYSE:LOAR) raises FY2026 GAAP EPS guidance from $0.54-$0.59 to $0.57-$0.62 vs $0.57 analyst estimate..