Reflecting On Aerospace Stocks' Q3 Earnings: Rocket Lab (NASDAQ:RKLB) [Yahoo! Finance]
Transdigm Group Incorporated (TDG)
Last transdigm group incorporated earnings: 2/4 07:15 am
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Source: Yahoo! Finance
Today, we are looking at aerospace stocks, starting with Rocket Lab (NASDAQ:RKLB). Aerospace companies often possess technical expertise and have made significant capital investments to produce complex products. It is an industry where innovation is important, and lately, emissions and automation are in focus, so companies that boast advances in these areas can take market share. On the other hand, demand for aerospace products can ebb and flow with economic cycles and geopolitical tensions, which can be particularly painful for companies with high fixed costs. The 12 aerospace stocks we track reported a mixed Q3. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 2% above. In light of this news, share prices of the companies have held steady as they are up 4.1% on average since the latest earnings results. Becoming the first private company in the Southern Hemisphere to reach space, Rocket Lab (NASDAQ:RKLB) offers ro
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