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via finance.yahoo.comBusiness & Companies

RKLB stock forecast: how much upside do analysts see post-Q3 earnings?

FROM THE WIRE · FINANCE.YAHOO.COM

U.S.-based aerospace company Rocket Lab USA (RKLB) reported an EPS loss of $0.12, missing analysts' estimate of a $0.07 loss. However, revenue jumped 73% year-over-year to $268 million, beating the $257.21 million estimate. The company also posted a record $3.57 billion backlog…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong revenue growth and a record backlog support expectations, despite an EPS loss above estimates.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Rocket Lab reported revenue of $268 million, up 73% year-over-year.
  2. 02Its record backlog reached $3.57 billion, up 52% from the previous quarter.
  3. 03KeyBanc reiterated its Buy rating with a $100 price target.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Rocket Lab USA, Inc.RKLBStock66.15 USDMarket closedtoday +5.49%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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