GenCorp posts quarterly loss vs year-ago profit

Newswire

NEW YORK, March 31 (Reuters) - GenCorp Inc. , which makes components and systems for the automotive and aerospace industries, posted a quarterly loss due to lower results in its GDX Automotive unit and noncash expenses of $14 million from its employee retirement plan. For the fiscal first quarter ended Feb. 29, the Sacramento, California, company posted a net loss of 19 million, or 43 cents per share, including special items. It reported a profit of $3 million, or 7 cents a share, a year ...

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