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Stock impact report

Air Industries (AIRI) Stock Drops Despite Market Gains: Important Facts to Note [Yahoo! Finance]

Air Industries Group (AIRI) 
NASDAQ:AMEX Investor Relations: airindustriesgroup.com/investor-relations
Company Research Source: Yahoo! Finance
The stock's performance was behind the S&P 500's daily gain of 0.06%. At the same time, the Dow added 0.17%, and the tech-heavy Nasdaq gained 0.39%. The stock of maker of parts for the aerospace industry and defense contractors has fallen by 4.01% in the past month, lagging the Aerospace sector's gain of 4.81% and the S&P 500's gain of 3.94%. Analysts and investors alike will be keeping a close eye on the performance of Air Industries in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.22, marking a 83.33% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $10 million, indicating a 20.38% decline compared to the corresponding quarter of the prior year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.61 per share and a revenue of $48.29 million, representing changes of -48.78% and -12.37%, respectively, from the pr Show less Read more
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