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Established in 1915, it was formerly known as the General Tire and Rubber Company, becoming GenCorp in 1984, and adopting its current name in April 2015. Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of 9.30% and 2.27%, respectively, for the quarter ended June 2020. Markets
Global Satellite Propulsion System Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 presents a historical overview and in-depth study on the current and future market of the market, offering analysis of the market status, competitor segment with a basic introduction of key vendors, top regions, and product types.The report discovers diverse topics such … This compares to year-ago revenues of $485 million.
Established in 1915, it was formerly known as the General Tire and Rubber Company, becoming GenCorp in 1984, and adopting its current name in April 2015.
Do the numbers hold clues to what lies ahead for the stock?
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CA Transparency in Supply Chains Act Notification: The Aerojet Rocketdyne, Inc. is a manufacturer of products for the U.S. Government. Aerojet Rocketdyne Holdings has 4,814 employees across 20 locations and $1.98 B in annual revenue in FY 2019.
Aerojet Rocketdyne Holdings (AJRD) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.43 per share.
Aerojet Rocketdyne Holdings (AJRD) Q2 Earnings and Revenues Surpass Estimates
Aerojet Rocketdyne Holdings revenue was $1.98 b in FY, 2019 which is a 4.5% year over year increase from the previous period. The top 10 competitors average 15.2B. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.30%. The company has topped consensus revenue estimates two times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the Aerojet Rocketdyne shares have lost about 18.3% since the beginning of the year versus the S&P 500's decline of -0.5%.While Aerojet Rocketdyne has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook.
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Compare AJRD With Other Stocks Aerojet Rocketdyne Holdings Annual Revenue (Millions … So, the shares are expected to underperform the market in the near future. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Aerojet Rocketdyne Holdings, Inc. Unaudited Condensed Consolidated Balance Sheet As of December 31, 2019 2018 (In millions) ASSETS Current Assets Cash and cash equivalents $ … The top 10 competitors average 30,749.
Aerojet Rocketdyne Holdings's revenue was reported to be $1.98 b in FY, 2019 which is a 4.5% increase from the previous period. Aerojet Rocketdyne Holdings, Inc., formerly GenCorp, Inc., is an American technology-based manufacturer based in El Segundo, California. )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field11.add(Validate.Presence, {failureMessage:"This field is required"});field11.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); submitButton.style.cursor = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons = e.target.form.getElementsByClassName('submit-button'); for(var i=0;i A quarter ago, it was expected that this aerospace and defense company would post earnings of $0.46 per share when it actually produced earnings of $0.37, delivering a surprise of -19.57%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Aerojet Rocketdyne, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $512.40 million for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 2.27%.