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

Terran Orbital

15/08/2023 12:01

* Terran Orbital Corp  LLAP.N  reported a quarterly adjusted
loss
of 18 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 21
cents per share.
    * Revenue rose 50.9% to $32.23 million from a year ago;
analysts
expected $44.58 million. 
    * Terran Orbital Corp's reported EPS for the quarter was a
loss
of 18 cents​.
    * The mean earnings estimate of analysts had fallen by
about 52.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Terran Orbital Corp shares had fallen by 19.3% this
quarter and
lost 23.4% so far this year.
    * The company reported a quarterly loss of $28.13 million.
    * Wall Street's median 12-month price target for Terran
Orbital
Corp is $6.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 15 at 11:01 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.21          -0.18          Beat
 Mar. 31 2023      -0.19          -0.24          Missed
 Dec. 31 2022      -0.21          -0.26          Missed
 Sep. 30 2022      -0.22