Terran Orbital Q3 GAAP EPS $(0.15) Beats $(0.19) Estimate, Sales $43.88M Miss $52.14M Estimate
Portfolio Pulse from Benzinga Newsdesk
Terran Orbital (NYSE:LLAP) reported Q3 GAAP EPS of $(0.15), surpassing the $(0.19) estimate, marking a 21.05% improvement from the same period last year. However, sales of $43.88M fell short of the $52.14M estimate, despite being a 57.69% increase from the previous year's sales.
November 14, 2023 | 11:34 am
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NEUTRAL IMPACT
Terran Orbital's Q3 earnings beat EPS estimates but missed on revenue, showing both positive and negative aspects in their financial performance.
The EPS beat may provide a positive sentiment as it indicates cost management and potential profitability improvements. However, the revenue miss could raise concerns about growth and market expectations, leading to a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100