Rocket Lab USA Q4 EPS $(0.10), Inline, Sales $59.99M Miss $62.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rocket Lab USA (NASDAQ:RKLB) reported Q4 earnings with EPS of $(0.10), meeting analyst estimates but marking a 25% decrease from the previous year. Sales reached $59.99M, missing the $62.89M estimate, yet representing a 15.90% increase year-over-year.
February 27, 2024 | 9:07 pm
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Rocket Lab USA reported Q4 EPS of $(0.10), in line with estimates, and a 25% decrease from last year. Sales were $59.99M, missing estimates but up 15.90% YoY.
The EPS meeting estimates but showing a year-over-year decrease, combined with a sales miss yet an increase from the previous year, presents a mixed financial picture. This could lead to neutral short-term stock price movement as investors digest both positive and negative aspects of the report.
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IMPORTANCE 80
RELEVANCE 100