Rocket Lab USA, Inc. (RKLB) Reports Q3 Loss, Tops Revenue Estimates
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Rocket Lab USA, Inc. (RKLB) reported a Q3 loss of $0.10 per share, which was better than the Zacks Consensus Estimate of a $0.11 loss. This is a slight increase in loss compared to $0.08 per share a year ago.
November 13, 2024 | 12:30 am
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Rocket Lab USA, Inc. reported a Q3 loss of $0.10 per share, beating the Zacks Consensus Estimate of a $0.11 loss. Revenue exceeded expectations, although the loss increased from $0.08 per share a year ago.
The better-than-expected earnings per share loss and revenue exceeding expectations are positive indicators for Rocket Lab's stock. Despite the increase in loss from the previous year, the market often reacts favorably to companies beating estimates.
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