Planet Labs PBC reports results for the quarter ended April 30 - Earnings Summary

Planet Labs PBC

04/06/2025 22:02

Planet Labs PBC PL.N reported quarterly breakeven results​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of -5 cents.  The mean expectation of eleven analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -8 cents to -3 cents per share.

Revenue rose 9.6% to $66.27 million from a year ago; analysts expected $62.30 million.

Planet Labs PBC's reported EPS for the quarter was a loss of 4 cents​.

The company reported a quarterly loss of $12.63 million.

Planet Labs PBC shares had risen by 13.6% this quarter and lost 5.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 104.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 2 "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 Planet Labs PBC is $5.00

This summary was machine generated from LSEG data June 4 at 09:01 p.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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Apr. 30 2025
-0.04
0.00
Beat
Jan. 31 2025
-0.02
-0.08
Missed
Oct. 31 2024
-0.04
-0.02
Beat
Jul. 31 2024
-0.06
-0.06
Met