10:55 AM EDT, 05/16/2025 (MT Newswires) -- Loar Holdings' ( LOAR ) "strong" Q1 that exceeded market expectations was led by its defense and aftermarket results, RBC Capital Markets said in a note Thursday.

Defense sales rose about 30% mainly because of robust demand in various platforms, while commercial aftermarket was up 13%, the firm said.

RBC also noted that Loar ( LOAR ) now expects its aerospace aftermarket to see a low-double-digit growth, up from the previous high-single-digit guide.

"The company continues to see strong airline demand, and has not seen any changes to its [aftermarket] outlook as a result of tariffs or a slower macro," the firm said.

RBC maintained the company's outperform rating and $92 price target.

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