Consensus $1.00. Raises revenue view to $640M-$650M from $540M-$550M, consensus $608.01M. “We revised our outlook for net sales, Adjusted EBITDA, and Adjusted EBITDA Margin upward to include the impact of the LMB Fans & Motors and Harper Engineering acquisitions as well as the underlying strength of our business. We remain highly positive on end-market demand and our team’s ability to execute on our strategic value drivers, delivering returns our stakeholders have come to expect,” stated Mr. Charles.
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Read More on LOAR:
- Loar Holdings price target lowered to $90 from $92 at RBC Capital
- Loar Holdings price target lowered to $81 from $87 at Citi
- Loar Holdings completes acquisition of Harper Engineering Company for $250M
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- Loar Holdings Secures Loan and Completes LMB Acquisition
