Net sales – between $487 million and $495 million, up from between $486 million and $494 million, consensus $492.2M. Net income – between $70 million and $75 million, up from between $65 million and $70 million. Adjusted EBITDA – between $185 million and $188 million, up from between $184 million and $187 million. Adjusted EBITDA Margin – approximately 38%. Diluted Earnings per share – between $0.73 and $0.78, up from between $0.68 and $0.73. Net income margin – approximately 14%, up from approximately 13%. Adjusted Earnings Per Share -between $0.93 and $0.98, up from between $0.83 and $0.88. Interest expense – $25 million, down from $26 million. Effective tax rate – approximately 15%, down from approximately 25%. Market Assumptions – Full year outlook is based on the following assumptions: Commercial, Business Jet, and General Aviation OEM growth of low-double digits. Commercial, Business Jet, and General Aviation aftermarket growth of low-double digits. Defense growth of high-double digits.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LOAR:
