Aerojet Rocketdyne Holdings Inc expected to post earnings of 48  cents a share - Earnings Preview

Aerojet Rocketdyne Holdings

29/07/2022 16:59

* Aerojet Rocketdyne Holdings Inc  AJRD.N   AJRD.K  is
expected
to show a rise in quarterly revenue when it reports  results on
August 1. 
    * The El Segundo California-based  company is expected to
report 
a 2.1% increase in revenue to $568.7 million from $556.9 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Aerojet Rocketdyne
Holdings Inc is for earnings of 48 cents per share. For the same
quarter last year, the company reported earnings of 59 cents per
share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Aerojet
Rocketdyne Holdings Inc is $44​, above​ its last closing price
of $43.83. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.43        0.42       0.44      Beat    4.8
 Dec. 31 2022  0.50        0.49       0.43      Missed  -12.2
 Sep. 30 2021              0.48       0.58      Beat    22.1​
 Jun. 30 2021  0.45        0.45       0.59      Beat    32.6
 ​​Mar.        0.46        0.45       0.34      Missed  -24.4
 31 2021                                                
 Dec. 31 2020  0.45        0.47       0.43      Missed  -7.7​
 Sep. 30 2020  0.46        0.46       0.38      Missed  -17.7
 Jun. 30 2020  0.42        0.42       0.47      Beat    12.8
 This summary was machine generated July 29 at 15:59 GMT.  All
figures in US dollars  unless otherwise stated