ReutersReuters

Rocket Lab jumps after Q3 revenue and forecast beat

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** Shares of space company Rocket Lab RKLB jump 9.3% at $56.70 premarket

** RKLB posts record Q3 revenue of $155.08 mln, beating analyst estimates of $151.75 mln, according to data compiled by LSEG

** CEO Peter Beck says co secured 17 Electron launch contracts in Q3; on track for 20+ launches in 2025

** Company also forecasts Q4 revenue of $170 mln–$180 mln, midpoint of which is above estimates of $171.34 mln

** Eleven out of 16 analysts rate stock "buy" or higher, five rate it "hold"; median PT at $55 - data compiled by LSEG

** As of last close, RKLB shares have more than doubled YTD

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