Research Analysts Issue Forecasts for Air Industries Group Inc’s Q3 2018 Earnings (AIRI)
Air Industries Group Inc (NYSEAMERICAN:AIRI) – Analysts at Taglich Brothers issued their Q3 2018 EPS estimates for shares of Air Industries Group in a research report issued to clients and investors on Tuesday. Taglich Brothers analyst J. Nobile forecasts that the aerospace company will post earnings of ($0.01) per share for the quarter. Taglich Brothers also issued estimates for Air Industries Group’s Q4 2018 earnings at $0.01 EPS.
Separately, Zacks Investment Research downgraded shares of Air Industries Group from a “hold” rating to a “sell” rating in a research report on Friday, December 29th.
Air Industries Group (NYSEAMERICAN:AIRI) last issued its earnings results on Wednesday, November 15th. The aerospace company reported ($0.20) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.14) by ($0.06). Air Industries Group had a negative return on equity of 42.31% and a negative net margin of 16.67%.
An institutional investor recently bought a new position in Air Industries Group stock. Virtu Financial LLC purchased a new position in Air Industries Group Inc (NYSEAMERICAN:AIRI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 80,827 shares of the aerospace company’s stock, valued at approximately $137,000. Virtu Financial LLC owned 0.35% of Air Industries Group at the end of the most recent quarter.
Air Industries Group Company Profile
Air Industries Group is an aerospace and defense company. The Company manufactures and designs structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines and other components. The Company operates in three segments: Complex Machining, Aerostructures and Electronics and Turbine Engine Components.
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