Rocket Lab USA Inc reports results for the quarter ended March 31 - Earnings Summary

• Rocket Lab USA Inc RKLB.OQ reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of twelve analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -14 cents to -11 cents per share.

• Revenue rose 32.1% to $122.57 million from a year ago; analysts expected $121.38 million.

• Rocket Lab USA Inc's reported EPS for the quarter was a loss of 12 cents​.

• The company reported a quarterly loss of $60.62 million.

• Rocket Lab USA Inc shares had risen by 24.7% this quarter and lost 12.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 38.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"

• Wall Street's median 12-month price target for Rocket Lab USA Inc is $25.00

This summary was machine generated from LSEG data May 9 at 03:34 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)