“Looking out over the year we continue to see strong demand across our end-markets, in addition to solid progress being made against our key productivity and value pricing initiatives. As a result, we are revising our guidance upward to align with our current view,” stated Mr. Charles. Sees Net sales – between $480 million and $488 million up from between $470 million and $480 million. Net income – between $58.0 million and $63.0 million up from between $55 million and $60 million. Adjusted EBITDA – between $180 million and $184 million up from between $176 million and $180 million. Diluted Earnings per share – between $0.60 and $0.65 up from between $0.57 and $0.62. Net income margin – approximately 12%. Adjusted Earnings Per Share -between $0.70 and $0.75 up from between $0.67 and $0.72. Adjusted EBITDA Margin – approximately 37.5%. Interest expense – approximately $28 million. Market Assumptions – Full year outlook is based on the following assumptions: Commercial, Business Jet, and General Aviation OEM growth of high single-digits. Commercial, Business Jet, and General Aviation aftermarket growth of high single-digits. Defense growth of high double-digits.
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