Rocket Lab Q4 Forecasted $178M Revenue Could Boost Procure Space ETF
Analysts expect Rocket Lab to report Q4 revenue of $178.07 million, up from $132.39 million a year earlier, potentially marking a seventh consecutive quarter of beating forecasts. Rocket Lab represents 4.58% of Procure Space ETF’s assets and its strong outlook could lift the ETF’s performance.
1. Q4 Revenue Forecast and Estimate Streak
Analysts project fourth-quarter revenue of $178.07 million for Rocket Lab, up 34% from $132.39 million a year ago, setting up the potential for a seventh straight quarter of beating consensus estimates. Revenue guidance remains between $170 million and $180 million, with consensus expecting $178.07 million.
2. Earnings Per Share and Launch Contracts
The company is expected to report a loss of $0.09 per share versus $0.10 a year earlier, marking an improvement on profitability trends. Rocket Lab secured 17 Electron launch contracts in Q3 and aims to exceed its previous annual launch record, while also pursuing a Pentagon SHIELD agreement under the Golden Dome initiative.
3. Procure Space ETF Exposure
Rocket Lab accounts for 4.58% of Procure Space ETF’s assets, making it one of the fund’s top holdings. Strong Q4 results and positive guidance from Rocket Lab could drive inflows and performance for the ETF.