XTI Aerospace reported a quarterly earnings miss on Tuesday, with adjusted earnings per share declining by $0.01 below analyst forecasts. Revenue also fell short of market expectations, reflecting weaker demand in its core aerospace segments.
The company posted adjusted EPS of $0.45, missing the consensus estimate of $0.46. Total revenue came in at $1.2 billion, below the $1.3 billion projected by analysts. The shortfall was attributed to softer commercial aerospace activity and delays in key contract deliveries.
Shares of XTI Aerospace slipped 3% in pre-market trading following the release. Analysts at Stifel maintained a hold rating on the stock, citing near-term headwinds in the aerospace supply chain. The company reaffirmed its full-year guidance, though executives acknowledged risks from persistent labor shortages and rising material costs.
XTI Aerospace has not provided additional commentary beyond its earnings release. The next update is scheduled for the company’s investor day in October.
