Rocket Lab USA Inc reports results for the quarter ended June 30 - Earnings Summary

• Rocket Lab USA Inc RKLB.OQ reported a quarterly adjusted loss of 13 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -8 cents. The mean expectation of thirteen analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -14 cents to -9 cents per share.

• Revenue rose 36% to $144.50 million from a year ago; analysts expected $135.40 million.

• Rocket Lab USA Inc's reported EPS for the quarter was a loss of 13 cents​.

• The company reported a quarterly loss of $66.41 million.

• Rocket Lab USA Inc shares had risen by 23.3% this quarter and gained 73.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 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 10 "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 $37.50, about 17.9% below its last closing price of $44.21

This summary was machine generated from LSEG data August 8 at 04:05 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)