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A Glimpse of Planet Labs's Earnings Potential

Benzinga ·  Dec 6 22:03

Planet Labs (NYSE:PL) is gearing up to announce its quarterly earnings on Monday, 2024-12-09. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Planet Labs will report anearnings per share(EPS) of $-0.04.

Planet Labs bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

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