On Monday April 1, 2024 Terran Orbital Reported Q4 EPS $(0.21) Misses $(0.20) Estimate, Sales $31.60M Miss $32.81M Estimate
Portfolio Pulse from Benzinga Newsdesk
Terran Orbital (NYSE:LLAP) reported Q4 earnings with a loss of $(0.21) per share, missing the $(0.20) estimate, and sales of $31.60M, missing the $32.81M estimate. This represents a 250% increase in losses and a 1.01% decrease in sales compared to the same period last year.
April 02, 2024 | 12:12 pm
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Terran Orbital reported a larger than expected quarterly loss and a slight miss in sales, indicating a 250% increase in losses and a 1.01% decrease in sales year-over-year.
The reported earnings miss and the significant increase in losses year-over-year are likely to negatively impact investor sentiment towards LLAP in the short term. The miss on both EPS and sales estimates, especially with a 250% increase in losses compared to the previous year, suggests operational challenges that could concern investors. This negative outlook is further compounded by the slight decrease in sales, indicating potential issues with revenue growth or market demand.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100