On October 29, Karman Holdings (TCFIII SPACECO HOLDINGS LLC) recorded an Intraday Rise of 5.4% in Regular Trading, trading at $40.08 with turnover of $25.22 million.
The clearest catalyst in publicly available information was a fresh earnings preview pointing to another quarter of rapid growth ahead of the company’s November 5 results, alongside recent news that NASA’s Jet Propulsion Laboratory selected the company to develop a parachute deployment system for the SkyFall Mars mission.
Consensus expectations call for quarterly revenue of $195 million, up 64.82% year over year, adjusted EPS of $0.15, up 37.84%, and EBIT of $40.53 million, up 56.38%. In the prior quarter, Karman reported revenue of $182.1 million, up 58.18%, adjusted EPS of $0.14, and raised full-year revenue guidance to $730 million-$745 million. Separately, the NASA award adds to recent contract momentum, following a seven-year, $218 million THAAD agreement with Lockheed Martin announced earlier in October.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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