Loar Holdings Inc. Stock Price, News & Analysis

Loar Holdings Inc. (NYSE:LOAR) has announced a secondary public offering of 9,000,000 shares of its common stock by certain stockholders. The selling stockholders will also grant underwriters a 30-day option to purchase up to 1,350,000 additional shares. Jefferies and Morgan Stanley are serving as lead book runners, with Blackstone acting as co-manager.

Notably, Loar will not receive any proceeds from this offering as all proceeds will go to the selling stockholders. The offering is being made through an automatic shelf registration statement filed with the SEC on May 1, 2025. The completion of the offering is subject to market conditions, with no guarantee of its completion or final terms.

Loar Holdings (NYSE:LOAR) reported exceptional Q1 2025 results with record net sales of $114.7 million, up 24.8% year-over-year. The company achieved net income of $15.3 million, a significant increase from $2.2 million in Q1 2024. Adjusted EBITDA reached a record $43.1 million, marking the 11th consecutive quarter of growth. Net income margin improved to 13.4% from 2.4%. Based on strong Q1 performance, Loar revised its 2025 guidance upward, projecting: - Net sales between $482-490 million - Net income between $59-64 million - Adjusted EBITDA between $182-185 million - Diluted EPS between $0.61-0.66 The company's growth was driven by record sales across Original Equipment, Commercial Aftermarket, and Defense markets. Strong operational execution resulted in operating cash flow of $28.4 million, with capital expenditures of just $1.8 million (less than 2% of sales).

Loar Holdings Inc. (NYSE:LOAR) has scheduled its Q1 2025 earnings release for Tuesday, May 13, 2025, before market opening. The company will host a conference call at 10:30 AM ET to discuss the results. Investors can join via phone by dialing +1 877-407-0670 (domestic) or +1 215-268-9902 (international). A live audio webcast will be accessible through the company's investor relations website at ir.loargroup.com. The webcast recording will be available for replay later that day.

Loar Holdings Inc. (NYSE:LOAR) reported strong Q4 and full-year 2024 results, with significant improvements across key metrics. Q4 2024 saw net sales rise 27.8% to $110.4 million, with net income reaching $3.7 million and Adjusted EBITDA up 37.4% to $40.2 million.

For full-year 2024, net sales increased 26.9% to $402.8 million, with net income of $22.2 million, up $26.8 million from prior year. The company achieved 15.0% organic growth, marking its third consecutive year of mid-teen organic growth.

Loar has revised its 2025 guidance upward, projecting net sales between $480-488 million, net income of $58-63 million, and Adjusted EBITDA of $180-184 million. The outlook is supported by strong demand across end-markets and progress in productivity initiatives.

Loar Holdings Inc. (NYSE:LOAR) has scheduled its Fourth Quarter and Full Year 2024 earnings release and conference call. The company will announce its financial results before market opening on Monday, March 31, 2025.

The earnings conference call is set for 10:30 a.m. Eastern Time on the same day. Participants can join via phone by dialing +1 877-407-0670 (domestic) or +1 215-268-9902 (international). A live audio webcast will be accessible through the company's investor relations website at ir.loargroup.com, with a replay available later that day.

Loar Holdings Inc (NYSE:LOAR) has announced the promotion of TC Queener to Executive Vice President, who will report directly to CEO & Executive Co-Chairman Dirkson Charles. In his new role, Queener will oversee operations at Hydra-Electric in Burbank, CA and SMR Technologies in Fenwick, WV.

Queener, who joined Loar Group in 2018, previously served as President at Hydra Electric and brings 15 years of aerospace industry experience, including operational and sales leadership positions at AvtechTyee Inc. in Everett, WA. He holds a Bachelor of Science in Industrial and Manufacturing Engineering from Oregon State University.

Loar Holdings Inc. (NYSE:LOAR) has announced a put option to acquire LMB Fans & Motors for €365 million plus net debt. LMB is a global specialty manufacturer of customized high-performance fans and motors with over 2000 unique products and 75 employees globally.

The company also released preliminary Q4 and full year 2024 results, showing strong performance. Q4 2024 net sales are expected between $108.1-110.1 million (vs $86.4M prior year) with net income of $2.7-3.3 million. Full year 2024 preliminary results show net sales of $400.5-402.5 million (vs $317.5M prior year) and net income of $21.2-21.8 million.

For 2025, Loar projects net sales between $470-480 million, net income of $55-60 million, and adjusted EBITDA of $176-180 million. The LMB acquisition is expected to close in Q3 2025, subject to regulatory approvals.

Loar Holdings (NYSE:LOAR) has appointed Nicole Huque as Chief Talent Officer, a newly created position reporting to CEO & Executive Co-Chairman Dirkson Charles. Huque will focus on strengthening leadership capability and optimizing performance-driven culture across the portfolio.

Huque brings 15 years of experience as a strategic advisor to industrial companies, most recently serving as Partner in the Global Aerospace and Defense practice at Krauthamer & Associates. She previously held the position of Global Head of Talent Acquisition and Executive Recruitment at B/E Aerospace.

Currently serving on the Board of Trustees of Airlink and the advisory board of the Organization of Black Aerospace Professionals, Huque holds a bachelor's in psychology from the University of Waterloo and an MBA with concentrations in Finance and Marketing from Pace University.

Loar Holdings (NYSE:LOAR) has announced the grant of 68,000 stock options to three new employees as inducement awards. The options are divided into five equal tranches (A through E), vesting annually over five years with escalating exercise prices. Tranche A vests after one year at the grant price, while subsequent tranches vest annually with exercise prices increasing by factors of 1.10, 1.21, 1.33, and 1.46 respectively. The options will expire after ten years or 90 days post-employment termination. These awards were granted without stockholder approval under NYSE Listed Company Manual Section 303A.08 and were approved by the Compensation Committee.