Terran Orbital Q2 EPS $(0.18) Beats $(0.24) Estimate, Sales $32.23M Miss $36.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
Terran Orbital (NYSE:LLAP) reported Q2 losses of $(0.18) per share, beating the analyst consensus estimate of $(0.24) by 25 percent. However, the company's quarterly sales of $32.23 million missed the analyst consensus estimate of $36.03 million by 10.54 percent.
August 15, 2023 | 7:41 am
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Terran Orbital's Q2 earnings beat estimates but sales missed, which could lead to mixed market reactions.
Terran Orbital's Q2 earnings beat analyst estimates, which is generally positive for the stock. However, the company's sales missed estimates, which is typically negative. These mixed results could lead to a neutral or mixed market reaction in the short term.
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