Rocket Lab USA Q3 EPS $(0.08), Sales $67.66M Miss $68.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rocket Lab USA (NASDAQ:RKLB) reported Q3 losses of $(0.08) per share, beating the analyst consensus estimate of $(0.09) by 11.11 percent. However, this is a 14.29 percent decrease over losses from the same period last year. The company's quarterly sales of $67.66 million missed the analyst consensus estimate of $68.91 million by 1.81 percent, but it's a 7.30 percent increase over sales from the same period last year.
November 08, 2023 | 9:31 pm
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Rocket Lab USA reported Q3 losses of $(0.08) per share, beating estimates but down from last year. Sales missed estimates but are up YoY.
Rocket Lab USA's Q3 earnings report is a mixed bag. While the company beat EPS estimates, it's down from last year. Similarly, sales missed estimates but are up YoY. This could lead to a neutral short-term impact on the stock.
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