Overview
StandardAero Q3 revenue grows 20.4% yr/yr, beating analyst expectations
Adjusted EBITDA for Q3 beats consensus, driven by strong demand
Company raises full-year 2025 guidance for revenue, EBITDA, and free cash flow
Outlook
StandardAero raises full-year 2025 revenue guidance to $5.97 bln-$6.03 bln
Company expects 2025 Adjusted EBITDA between $795 mln and $815 mln
Free Cash Flow for 2025 now projected at $170 mln-$190 mln
Result Drivers
STRONG DEMAND - Co attributes revenue growth to strong demand across commercial, business aviation, and military and helicopter markets
ENGINE SERVICES GROWTH - Revenue increase driven by ramping volumes from LEAP and CFM56 programs in Engine Services
COMPONENT REPAIR SERVICES - Growth in Component Repair Services aided by ATI acquisition and favorable mix
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $1.5 bln | $1.42 bln (8 Analysts) |
Q3 EPS | $0.20 | ||
Q3 Net Income | $68.12 mln | ||
Q3 Adjusted EBITDA | Beat | $195.6 mln | $189.63 mln (8 Analysts) |
Q3 Operating Income | $137.34 mln | ||
Q3 Pretax Profit | $92.78 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for StandardAero, Inc. is $35.00, about 23.3% above its November 7 closing price of $26.84
The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 27 three months ago
Press Release: ID:nBw7S3Jjya
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)