LMI Aerospace (LMIA) is up about 18% (at the time of writing) after it released it’s quarterly report. The earnings for the recent quarter was in line with the analysts expectation, which was 26 cents. However, LMIA said it sees a strong year ahead and increased its revenue guidance because it expects increased engineering services due to Boeing’s recent deal to build tanker aircraft. Here is the link to their press release. LMIA is our fourth largest holding at around 9%.
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