Loar Holdings Inc Q4 2024 Earnings Report
Key Takeaways
Loar Holdings Inc. delivered $110.4 million in revenue during Q4 2024, representing a 27.8% increase year-over-year. Net income reached $3.7 million, reversing a net loss from the same quarter in 2023. Adjusted EPS came in at $0.11, supported by robust performance across key end-markets and operational efficiencies.
Q4 2024 revenue rose 27.8% YoY to $110.4 million.
Net income reached $3.7 million, reversing a $0.6 million loss in Q4 2023.
Adjusted EPS was $0.11 while GAAP EPS stood at $0.04.
Strong growth in commercial aerospace and defense markets drove top-line results.
Loar Holdings Inc
Loar Holdings Inc
Loar Holdings Inc Revenue by Segment
Forward Guidance
Loar Holdings revised its FY 2025 guidance upward due to strong demand across end-markets and continued progress on productivity and pricing strategies.
Positive Outlook
- FY25 revenue guidance increased to $480M–$488M.
- FY25 net income outlook raised to $58M–$63M.
- Adjusted EBITDA now expected at $180M–$184M.
- Strong growth forecast across commercial and defense end-markets.
- Adjusted EPS projected at $0.70–$0.75.
Challenges Ahead
- Higher infrastructure costs associated with being a public company.
- Increased SG&A expenses compared to prior year.
- Pending acquisition (LMB) impact not included in guidance.
- Refinancing costs continued to weigh on bottom line.
- Interest expense expected to remain high (~$28M).
Revenue & Expenses
Visualization of income flow from segment revenue to net income