What Happened
Analysts Revise Forecasts Ahead Of Earnings Call
Firefly Aerospace is expected to report higher Q3 revenue, with analysts forecasting a quarterly loss of 49 cents per share and revenue of $103.15 million. The company recently announced a $1.3 billion rocket engine agreement with AST SpaceMobile, which may contribute to its revenue growth. Firefly Aerospace shares gained 17.1% following the announcement. The earnings report is scheduled for release after the closing bell on November 10, as reported by Benzinga.