Loar Holdings Q1 sales beat on acquisitions boost, lifts 2026 outlook
Loar Holdings Inc. LOAR | 0.00 |
Overview
US aerospace components maker's Q1 sales rose 36% yr/yr, beating analyst expectations
Q1 adjusted EPS increased 21% yr/yr, beating analyst expectations
Company raised full-year 2026 sales and adjusted EPS guidance on strong demand
Outlook
Loar Holdings raises 2026 net sales guidance to $645 mln-$655 mln from $640 mln-$650 mln
Company lowers 2026 net income forecast to $53 mln-$57 mln from $59 mln-$63 mln
Loar expects commercial and general aviation OEM and aftermarket growth in low-double digits for 2026
Result Drivers
ACQUISITIONS AND ORGANIC GROWTH - Co said Q1 sales rose 36% yr/yr, driven by 11.4% organic growth and additional contributions from acquisitions
HIGHER INTEREST AND AMORTIZATION - Net income fell yr/yr, primarily due to higher interest expense, increased amortization of acquired intangible assets, and non-recurring inventory step-up from recent acquisitions
STRATEGIC EXECUTION - Adjusted EBITDA margin improved due to execution of strategic value drivers and accretive impact of increased sales
Company press release: ID:nACSsCKPxa
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 Sales |
Beat |
$156.09 mln |
$149.65 mln (3 Analysts) |
Q1 Adjusted EPS |
Beat |
$0.34 |
$0.16 (4 Analysts) |
Q1 EPS |
|
$0.12 |
|
Q1 Net Income |
|
$11.14 mln |
|
Q1 EBIT |
|
$33.52 mln |
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