Rocket Lab Corporation (RKLB) Stock Sinks As Market Gains: Here's Why

Company Performance - Rocket Lab Corporation (RKLB) closed at $35.38, reflecting a -2.1% change from the previous day, underperforming the S&P 500's gain of 0.52% [1] - Over the past month, Rocket Lab's shares increased by 32.14%, outperforming the Aerospace sector's gain of 6.68% and the S&P 500's gain of 5.95% [1] Earnings Projections - The upcoming earnings disclosure projects an earnings per share (EPS) of -$0.1, a 25% decrease from the same quarter last year [2] - Revenue is estimated at $135.07 million, indicating a 27.13% increase compared to the same quarter of the previous year [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of -$0.33 and revenue of $579.17 million, reflecting changes of +13.16% and +32.77% respectively from the previous year [3] - Recent changes in analyst estimates for Rocket Lab Corporation are important as they indicate near-term business trends [3] Zacks Rank and Industry Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Rocket Lab Corporation at 3 (Hold) [5] - The Aerospace - Defense Equipment industry, part of the Aerospace sector, has a Zacks Industry Rank of 51, placing it in the top 21% of over 250 industries [6]