Rocket Lab falls on EPS miss despite record revenue beat and stronger guidance
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Rocket Lab Corp (NASDAQ:RKLB) reported third quarter results that missed earnings expectations despite beating revenue estimates and issuing stronger-than-expected guidance, sending shares down 3.8% in after-hours trading Monday. Still guessing which stocks will…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishEPS miss and after-hours decline, offset by record revenue and stronger-than-expected guidance.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Rocket Lab reported an adjusted loss of $0.12 per share versus a consensus loss of $0.07.
- 02Revenue reached a record $268 million, above the $257.17 million estimate.
- 03For the fourth quarter, Rocket Lab guided revenue between $270 million and $290 million.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets