- American City Business Journals•2 months ago
Orbital ATK Inc. (OA) hasn’t filed its earnings report for the second quarter due in August and that has one credit analyst worried. On Monday, Moody’s Investors Service Inc. changed $2.5 billion of the Dulles-based contractor’s debt from a “stable” to “negative” outlook — indicating that the company is on watch for a potential downgrade. “The rating will be under pressure and exposed to risk of downgrade — potentially multiple notch — if the financial reporting delay is expected to continue beyond mid-January, or if further liquidity pressures develop,” Moody’s stated.
- Zacks•3 months ago
Our proven model does not conclusively show that Orbital ATK, Inc. (OA) will beat estimates when it reports third-quarter 2016 results on Oct 25, before the market opens.
- American City Business Journals•3 months ago
Dulles-based Orbital ATK Inc. (OA) is no doubt celebrating — and breathing a sigh of relief — following its first successful launch of its Antares rocket since that same brand of rocket exploded seconds after takeoff two years ago. What Beneski is more specifically referring to are Orbital ATK’s efforts to sell NASA on its cislunar space habitats.
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