Feb. 4 at 6:11 PM
$RKLB
ROCKET LAB IS PROJECTED TO HAVE STRONG Q4 FINANCIAL RESULTS AND CURRENTLY RATED A "STRONG BUY" PRICE TARGET
$120
https://finance.yahoo.com/news/rocket-lab-announces-date-fourth-214500500.html
Market participants will be following the financial results of RLKB in its upcoming release. It is anticipated that the company will report an EPS of -
$0.05, marking a 50% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of
$178.38 million, up 34.74% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -
$0.2 per share and revenue of
$600.52 million. These totals would mark changes of +47.37% and 0%, respectively, from last year.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. RKLB has a rank of #1--Strong Buy