Terran Orbital Corp reports results for the quarter ended in January - Earnings Summary

Terran Orbital

14/05/2024 21:50

* Terran Orbital Corp  LLAP.N  reported a quarterly adjusted
loss
of 26 cents​​ per share for the quarter ended in January, lower
than the same quarter last year, when the company reported EPS
of -24 cents.  The mean expectation of three analysts for the
quarter was for a loss of 17 cents per share. Wall Street
expected results to range from -18 cents to -16 cents per share.
    * Revenue fell 3.4% to $27.24 million from a year ago;
analysts
expected $45.37 million. 
    * Terran Orbital Corp's reported EPS for the quarter was a
loss
of 26 cents​.
    * The company reported a quarterly loss of $53.24 million.
    * Terran Orbital Corp shares had fallen by 19.8% this
quarter and
lost 7.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.7%
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 4 "strong buy" or "buy," 1
"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 Terran Orbital
Corp is $3.00 
This summary was machine generated from LSEG data May 14 at
08:50 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
 Mar. 31 2024      -0.17          -0.26          Missed
 Dec. 31 2023      -0.20          -0.21          Missed
 Sep. 30 2023      -0.19          -0.15          Beat
 Jun. 30 2023      -0.21          -0.18          Beat