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Aerojet Rocketdyne: 3Q Earnings Snapshot

·1 min read

EL SEGUNDO, Calif. (AP) _ Aerojet Rocketdyne Holdings Inc. (AJRD) on Monday reported third-quarter profit of $31.7 million.

On a per-share basis, the El Segundo, California-based company said it had net income of 38 cents.

The aerospace and defense company posted revenue of $527.7 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $524 million.

Aerojet Rocketdyne shares have fallen 21% since the beginning of the year. In the final minutes of trading on Monday, shares hit $36.28, a decrease of 20% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AJRD at https://www.zacks.com/ap/AJRD