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Market Buzz: Astronics Previews Q2 Revenue, FB Financial Posts Earnings Beat

  • July 17th, 2023
  • 308 views

Astronics Corporation (Nasdaq: ATRO) revealed that preliminary orders for the second quarter of 2023 are estimated to be in the range of $200M to $205M. 

Additionally, unaudited preliminary results indicate that the company's revenue for the same period is expected to fall within the range of $170M to $175M, at the upper end of its previous guidance range of $165M to $175M.

$ATRO was trading at $19.88 in after-hours, up $1.33 (+7.16%) following the announcement.

In other news, FB Financial Corporation (NYSE: FBK) reported second-quarter 2023 adjusted earnings per share (EPS) of $0.77, surpassing the consensus estimate of $0.65 for the period.

In after-hours, $FBK was trading at $34.48, reflecting an increase of $4.28 (+14.17%) 

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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