Aerospace and defense company Redwire (NYSE:RDW) will be reporting results tomorrow after market hours. Here’s what to look for.

Redwire beat analysts’ revenue expectations by 14.2% last quarter, reporting revenues of $78.11 million, up 30% year on year. It was a slower quarter for the company, with a miss of analysts’ EBITDA and earnings estimates.

Is Redwire a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Redwire’s revenue to grow 12.8% year on year to $70.64 million, slowing from the 68.1% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.07 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Redwire has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 11.3% on average.

Looking at Redwire’s peers in the aerospace segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Curtiss-Wright delivered year-on-year revenue growth of 10.3%, beating analysts’ expectations by 5.4%, and AAR reported revenues up 20.4%, topping estimates by 2.3%. Curtiss-Wright’s stock price was unchanged after the results, and AAR’s price followed a similar reaction.

Read our full analysis of Curtiss-Wright’s results here and AAR’s results here.

Investors in the aerospace segment have had steady hands going into earnings, with share prices flat over the last month. Redwire is up 3.6% during the same time and is heading into earnings with an average analyst price target of $8.55 (compared to the current share price of $7.97).

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