Air Industries (AIRI) Stock Slides as Market Rises: Facts to Know Before You Trade

Company Performance - Air Industries (AIRI) closed at $3.62, reflecting a -0.55% change from the previous day, underperforming the S&P 500's gain of 1.47% [1] - Over the past month, Air Industries' shares increased by 7.06%, outperforming the Aerospace sector's gain of 2.34% and the S&P 500's loss of 0.47% [1] Earnings Projections - The upcoming EPS for Air Industries is projected at -$ 0.04, indicating an 80.95% increase compared to the same quarter last year [2] - Revenue is expected to be $14 million, showing a 0.43% decline from the year-ago quarter [2] - For the full year, analysts expect earnings of -$ 0.23 per share and revenue of $57.05 million, representing changes of +43.9% and +3.52% respectively from last year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for Air Industries are crucial as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Air Industries as 5 (Strong Sell), with a consensus EPS projection having moved 228.57% lower in the past 30 days [6] - The Aerospace - Defense industry has a Zacks Industry Rank of 146, placing it in the bottom 41% of over 250 industries, suggesting underperformance compared to higher-ranked industries [7]