Planet Labs PBC reports results for the quarter ended July 31 - Earnings Summary
Planet Labs PBC reports results for the quarter ended July 31 - Earnings Summary
Planet Labs PBC PL.N reported quarterly adjusted earnings of 2 cents per share for the quarter ended July 31, identical to the same quarter last year. The mean expectation of thirteen analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -7 cents to -2 cents per share.
Revenue rose 42.1% to $94.15 million from a year ago; analysts expected $104.12 million.
Planet Labs PBC's reported EPS for the quarter was a loss of 3 cents.
The company reported a quarterly loss of $9.35 million.
Planet Labs PBC shares had fallen by 39.7% this quarter and gained 1.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 42.1% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 3 "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 $44.50, about 58.8% above its last closing price of $18.35
This summary was machine generated from LSEG data September 3 at 10:29 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 2026 | -0.04 | -0.03 | Beat |
Apr. 30 2026 | -0.04 | 0.00 | Beat |
Oct. 31 2025 | -0.05 | 0.00 | Beat |
Oct. 31 2025 | -0.04 | -0.03 | Beat |
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