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Last $11.77 USD
Change Today 0.00 / 0.00%
Volume 52.1K
LMIA On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

lmi aerospace inc (LMIA) Snapshot

Open
$11.85
Previous Close
$11.77
Day High
$11.94
Day Low
$11.69
52 Week High
09/2/14 - $15.39
52 Week Low
04/22/15 - $11.44
Market Cap
154.6M
Average Volume 10 Days
29.7K
EPS TTM
$-0.26
Shares Outstanding
13.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LMI AEROSPACE INC (LMIA)

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lmi aerospace inc (LMIA) Details

LMI Aerospace Inc. provides structural assemblies, kits and components, and design engineering services to the aerospace and defense markets in the United States. The company’s Aerostructures segment fabricates, machines, finishes, integrates, assembles, and kits machined and formed close tolerance aluminum, specialty alloy and composite components, and assemblies. Its products include wing slats and flap skins/components, and ailerons; winglet edges and modification kits; fuselage and wing skins; helicopter cabin and aft section components and assemblies; wing panels; tail cone assemblies; thrust reversers and engine nacelles/cowlings; door components, assemblies, and floor beams; cockpit window frames and landing light lens assemblies; and cockpit crew floor and bulkhead structure assemblies. This segment also provides wheel well and electronic rack assemblies; interior components; structural sheet metal, machined, milled, and extruded components; housings and assemblies for gun turrets; auxiliary power unit components; fans and heat exchangers; electronic rack assembly; and assemblies and components for rail yard switching equipment. Its Engineering Services segment offers engineering design, analysis, repair, certification, and program management services. This segment provides structural design and analysis services, including wing/wingbox, fixed and moveable leading edges/trailing edges, fuselage, empennage, and tail cone design; winglet/wing mod design; nacelle, engine cowl, and thrust reverser design; weight improvement engineering; helicopter fuselage, cockpit, cabin frames, skins, longerons, and beams; and aircraft modification engineering services. It also offers systems design and integration; tool design and fabrication; after-market engineering and support; aviation training system; and aviation maintenance engineering services. The company was founded in 1948 and is based in St. Charles, Missouri.

1,970 Employees
Last Reported Date: 03/16/15
Founded in 1948

lmi aerospace inc (LMIA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $405.4K
Chief Financial Officer and Vice President
Total Annual Compensation: $225.0K
President of Strategy & Corporate Development
Total Annual Compensation: $328.0K
Executive Director of Information Technology
Total Annual Compensation: $231.9K
Compensation as of Fiscal Year 2014.

lmi aerospace inc (LMIA) Key Developments

LMI Aerospace Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015; Reports Impairment Charges for the Fourth Quarter Ended December 31, 2014

LMI Aerospace Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company’s net sales were $88.8 million, compared to $96.4 million in the fourth quarter of 2013. A net loss of $22.5 million, or $1.76 per diluted share, was realized in the fourth quarter of 2014, compared to a net loss of $67.1 million, or $5.31 per diluted share, in the fourth quarter of 2013. Operating income, excluding $27.7 million of net unfavorable, non-recurring items was $4.2 million, compared to $4.0 million, excluding the impact of $77.3 million in unfavorable, non-recurring items, in the fourth quarter of 2013. Loss from operations was $23.438 million compared to $73.298 million a year ago. Loss before tax was $28.900 million compared to $77.607 million a year ago. Net loss per common share assuming dilution was $1.76 compared to $5.31 a year ago. Adjusted EBITDA was $10.130 million compared to $9.807 million a year ago. Net capital expenditures were $3.790 million compared to $2.461 million a year ago. For the full-year 2014, net sales were $387.8 million, compared to $412.6 million in 2013. A net loss of $29.0 million, or $2.28 per diluted share, was realized in 2014, compared to a net loss of $58.5 million, or $4.64 per diluted share, in 2013. Operating income in 2014, excluding $27.7 million of net unfavorable, non-recurring items was $18.8 million, compared to $27.9 million, excluding the impact of $77.0 million in unfavorable, non-recurring items in 2013. Loss from operations was $8.858 million compared to $49.120 million a year ago. Loss before tax was $37.915 million compared to $65.464 million a year ago. Net loss per common share assuming dilution was $2.28 compared to $4.64 a year ago. Net cash provided by operating activities of $49.117 million compared to net cash used in operating activities of $8.349 million a year ago. Additions to property, plant and equipment was $16.690 million compared to $23.738 million a year ago. Adjusted EBITDA was $47.587 million compared to $50.767 million a year ago. Net capital expenditures were $13.111 million compared to $21.749 million a year ago. The company provided earnings guidance for the year 2015. For the period, the company expected revenue of between $370.0 million and $385.0 million, consisting of Aerostructures revenue of between $315.0 million and $325.0 million and Engineering Services revenue of between $55.0 million and $60.0 million. The company expected operating profit of between $18.0 million and $24.0 million. The company expected free cash flow of between $10.0 million and $15.0 million. The company reported impairment charges for the fourth quarter ended December 31, 2014. For the period, the company reported goodwill and intangible asset impairment charges of $26,439,000 compared to $26,439,000 a year ago.

LMI Aerospace, Inc. Announces Board Changes

LMI Aerospace Inc. announced that long-time director Joseph Burstein retired from the Board, effective March 6, 2015, and Steven Schaffer has been appointed to fill the vacancy, effective April 1, 2015. Burstein has served on LMI's Board since the company went public in 1998. Schaffer is a retired executive of The Boeing Company and brings over 36 years of experience in the aerospace industry to the Board. Prior to his retirement from Boeing, Schaffer was Vice-President and General Manager, Supplier Management, responsible for all outside production for Boeing Commercial Airplanes. Schaffer has also served on the boards of various nonprofit and civic group organizations.

LMI Aerospace Inc. to Report Q4, 2014 Results on Mar 10, 2015

LMI Aerospace Inc. announced that they will report Q4, 2014 results at 9:00 AM, Eastern Standard Time on Mar 10, 2015

 

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LMIA

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Price/Earnings NM Not Meaningful
Price/Sales 0.4x
Price/Book 1.3x
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TEV/Sales NM Not Meaningful
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