WHITE PLAINS, NY / ACCESSWIRE / November 13, 2024 / Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our"), reported record results for the third quarter of 2024. Third Quarter 2024 Net sales of $103.5 million, up 25.0% compared to the prior year's quarter.
IPO Stock Of The Week and Boeing supplier Loar is approaching a new buy point after a recent pullback on the stock market today. The post Boeing Supplier Loar Approaches Buy Point; Shares Have Tripled From IPO appeared first on Investor's Business Daily.
WHITE PLAINS, NY / ACCESSWIRE / November 6, 2024 / Loar Holdings Inc. (NYSE:LOAR), said it will report Q3 2024 earnings before the market opens on Wednesday, November 13, 2024. A conference call will follow at 10:30 a.m.
Loar produces aircraft spare parts and offers servicing in what is known as the aftermarket. Lately, it has targeted a number of aerospace firms for acquisition.
Initiating coverage on Loar Holdings with a "Hold" rating due to stretched valuations; a 15-20% correction is expected before considering fresh exposure. LOAR boasts a diverse product and client base, with no single customer or product dominating revenue, ensuring stability and growth potential. The company has a strong focus on aftermarket products and acquisitions, driving recurring revenue a...
Aerospace and defense stock Loar is pulling back to a key support level, as profits surge. Support would lead to a new buying opportunity.
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