Recap: Terran Orbital Q3 Earnings
Portfolio Pulse from Benzinga Insights
Terran Orbital (NYSE:LLAP) reported Q3 earnings with an EPS of $-0.15, beating estimates by 21.05% against an expected $-0.19. Revenue increased by $16.05 million compared to the same period last year. The company's stock price had previously risen by 9.92% following a positive earnings surprise last quarter.
November 14, 2023 | 11:35 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Terran Orbital reported a positive earnings surprise for Q3, with an EPS better than expected and a notable year-over-year revenue increase. Historically, the stock has responded well to positive earnings surprises.
Terran Orbital's Q3 earnings beat and revenue increase are likely to be viewed positively by investors, potentially leading to a short-term increase in stock price, similar to the reaction seen in the previous quarter.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100