Loar Soars on Big Money Buys

From Yahoo Finance: 2025-05-02 05:48:00

LOAR, a company specializing in components for aircraft, aerospace, and defense systems, has seen significant growth since going public over a year ago. Their fourth-quarter report for fiscal 2024 showed record annual sales, with aftermarket sales up 15%, commercial sales up 16%, and defense sales up 39%. The company expects continued growth in 2025, with guidance predicting net sales between $480 million to $488 million. LOAR shares have already gained 28% this year, with investors betting on the stock’s future. Institutional support and strong financial performance make LOAR a company worth watching for potential growth.



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