MARKET REPORT
Rocket Lab Heads Into Monday Night Earnings With Consensus at $232 Million
Executive takeaway
Analysts are looking for roughly $232 million in quarterly revenue and about 60% growth from Rocket Lab, which would mark a fifth consecutive quarterly revenue record. The stock rose 9% on Friday ahead of the report.
Rocket Lab reports quarterly results after Monday's close, with Wall Street consensus centered on about $232 million in revenue, implying roughly 60% year-over-year growth, according to reports from Yahoo Finance and The Motley Fool.
Hitting that figure would give the launch and space systems company a fifth straight quarterly revenue record. Shares climbed 9% on Friday heading into the print.
Wire sources cited
- External ↗
- Yahoo Finance — NewsRocket Lab Reports Monday Night. Wall Street Wants $232 Million and 60% Growth.External ↗
Produced automatically by the INDY NEWS Desk from the public wire sources cited above, and checked against them before publication. Market commentary, not investment advice.