08:31 AM EST, 11/13/2024 (MT Newswires) -- Loar ( LOAR ) reported Q3 adjusted earnings Wednesday of $0.15 per diluted share, however, it did not provide comparable figures from a year earlier

Four analysts surveyed by Capital IQ expected $0.13.

Net sales for the quarter ended Sept. 30 was $103.5 million, compared with $82.8 million a year earlier. Three analysts surveyed by Capital IQ expected $97.6 million.

For full-year 2024, the aerospace and defense company lowered its adjusted EPS guidance to a range of $0.35 to $0.37, down from the previous guidance of $0.44 to $0.46. Meanwhile, it raised its 2024 net sales outlook to $390 million to $394 million, up from prior guidance of $374 million to $378 million.

Four analysts surveyed by Capital IQ expect adjusted EPS of $0.42 on net sales of $386.2 million.

For full-year 2025, the company said it expects adjusted EPS of $0.45 to $0.50 on net sales of $470 million to $480 million. Four analysts surveyed by Capital IQ expect adjusted EPS of $0.68 on net sales of $464.8 million.

Shares of Loar ( LOAR ) were up 4.6% in recent premarket activity.