Rocket Lab USA(US:RKLB) ZACKS·2024-06-25 23:21Company Overview - Rocket Lab USA, Inc. currently holds a Zacks Rank of 3 (Hold) [1] - The upcoming earnings release is anticipated to report an EPS of -$0.10, indicating stability compared to the same quarter of the previous year [4] - The latest consensus estimate projects revenue of $107.19 million, reflecting a 72.75% increase from the prior-year quarter [4] Financial Projections - For the full year, the Zacks Consensus Estimates project earnings of -$0.41 per share and revenue of $436.26 million, showing changes of -7.89% and +78.36% respectively from the preceding year [5] - Recent trading data shows Rocket Lab's stock at $4.74, down 1.86% from the previous trading day's close [6] Market Performance - The stock has increased by 14.73% in the past month, outperforming the Aerospace sector's loss of 1.13% and the S&P 500's gain of 2.83% [6] - The Aerospace - Defense industry ranks in the top 35% of all industries, with a current Zacks Industry Rank of 88 [2] Analyst Insights - Changes in analyst estimates for Rocket Lab are crucial as they reflect the evolving nature of near-term business trends [7] - Upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability [7]