Market Performance Overview
In the most recent trading session, Air Industries Holdings (AIRI) closed at $3.33, reflecting a decline of 1.77%. This performance lagged behind the S&P 500's increase of 0.78%, while the Dow Jones Industrial Average rose by 0.47%, and the Nasdaq Composite gained 0.98%. Over the past month, AIRI's stock has decreased by 10.32%, underperforming the Aerospace sector's 4.18% growth and the S&P 500's 1.86% rise.
Upcoming Earnings Expectations
Investors are now eagerly awaiting AIRI's upcoming earnings report. The company is expected to announce an EPS of -$0.15, representing a significant drop of approximately 266.67% compared to the same quarter last year. Revenue forecasts for this period stand at around $12 million, an 11.57% decline from the prior year.
Full Year Projections
For the full fiscal year, analysts project earnings of -$0.45 per share and revenues totaling approximately $53.39 million, reflecting declines of 9.76% and 3.12%, respectively. Monitoring recent analyst estimate revisions is essential, as positive changes often signal improved near-term prospects.
Analysis and Industry Position
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