Air Industries Reports Q3 Earnings Beat, Revenue Tops Estimates Amid Q4 Outlook

Air Industries reported a Q3 loss of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.22. Revenue was $10.31 million, surpassing estimates by 3.09%. The company has topped revenue estimates two times over the last four quarters. Air Industries shares have lost 26.8% this year, while the S&P 500 has gained 14.6%. The Zacks Rank for the stock is #3 (Hold), indicating the shares are expected to perform in line with the market in the near future.