Rocket Lab USA Q2 EPS $(0.10) Misses $(0.09) Estimate, Sales $62.05M Beat $61.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rocket Lab USA (NASDAQ:RKLB) reported Q2 losses of $(0.10) per share, missing the analyst consensus estimate of $(0.09) by 11.11%. This is a 25% decrease from the same period last year. However, the company's quarterly sales of $62.05M beat the estimate of $61.79M by 0.41%, marking an 11.85% increase from last year.
August 08, 2023 | 8:18 pm
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NEGATIVE IMPACT
Rocket Lab USA's Q2 earnings per share missed estimates, but sales exceeded expectations.
Rocket Lab USA's Q2 earnings per share missed the analyst consensus estimate, which could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price. However, the company's sales exceeded estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100