AEVEX Shares Jump 13.2% After Raising 2026 Revenue and Profit Outlook
Key Facts
AEVEX shares rose 13.2% to $13.73 in premarket trading on Thursday, November 12, according to a Benzinga report on stock moves that session. The report estimated the market value of shares outstanding at about $839.3 million. The move came after the company reported third-quarter results following the close of U.S. markets on Wednesday, November 11. Benzinga said the stock's rise followed revenue topping analysts' expectations and the company raising its 2026 outlook. In a later premarket snapshot, another Benzinga report put the shares up 13.85% at $13.81, a price recorded later in the same session.
The results showed a divergence between the per-share loss and improvement in some operating metrics. AEVEX posted a loss of 40 cents per share in the third quarter, while analysts had expected earnings of 7 cents per share, according to Benzinga. By contrast, adjusted EBITDA margin rose to 16.2%, from 14.6% in the year-earlier period. The report thus paired a negative per-share result with a higher adjusted margin. Benzinga said revenue topped analysts' expectations, without providing the quarterly revenue figure or the amount by which it exceeded estimates.
The background to the company's results includes its performance in the second quarter of 2026, when revenue reached $201.8 million, up 99.5% from $101.1 million in the second quarter of 2025, according to an investor-relations announcement. The company also posted net income of $6.7 million in the second quarter of 2026, after recording a net loss of $11.8 million a year earlier. These figures provide context for business growth and the year-over-year shift in net results ahead of the third-quarter results. However, the second-quarter data cover an earlier period and are not third-quarter revenue or net income figures. The available third-quarter information is limited to the per-share loss, adjusted margin and revenue topping expectations.
The company had previously announced it would release its third-quarter results after U.S. markets closed on November 11, with management scheduled to hold a call with the financial community that day at 5:00 p.m. Eastern time, according to an investor-relations statement. The statement listed a management appearance at the Baird Global Industrial Conference in Chicago on November 12 at 2:45 p.m. Eastern time. It also listed two later events: the Goldman Industrials and Materials Conference on December 2 and the Bank of America Defense Technology Forum on December 4. These dates follow the earnings release and form part of the company's announced investor schedule. Benzinga linked the stock's rise to revenue topping expectations and the 2026 outlook being raised, while details of that outlook are not available in the information presented here.