ATRO Astronics--Specialty keyboards, packaging. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : ATRO Astronics--Specialty keyboards, packaging.

ATRO 48.79

-0.8%

10:58 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ron B who wrote (67)	7/21/1998 9:04:00 AM
From: Christopher Brainard	of 92

Yes, but the report was a little disappointing. Revenues were $1 million below my estimate. Will not know the details behind the shortfall until I can get a full copy of their P&L statement. It will be interesting to learn if Aerospace or Specialty Packaging caused the revenue miss. My guess is that Aerospace was a little slow in shipping some of their backlog (vs my estimate). Although I do not have the details, either their GP% IMPROVED nicely or operating costs were well managed since their Net Income only missed my mark by just a little. Basically, the report was positive, but most likely not strong enough to get the stock moving much higher from here. Would not be very surprised to even see a pull back into the $11.50 area again. Knew the really good news was still a number of quarters away, was just hoping the rest of their business could show some good growth before the new contract began kicking in. 10% top line growth is not going to excite many folks I am afraid. 17% EPS growth does justify the current stock price. Good luck to all, or should I say both of us! Chris ....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next