Planet Labs will report fiscal first-quarter 2027 results on Thursday after market close, with the Zacks Consensus Estimate placing revenue at $89.8 million — an implied 35.5% year‑over‑year increase — and a loss of $0.03 per share; the market is looking for roughly 36.2% revenue growth this quarter. The numbers set a clear bar for investors watching PL stock when the company files after the bell on June 4.
The bar is not small: in the prior quarter Planet Labs posted $86.82 million in revenue, a 41.1% year‑over‑year gain, and beat both revenue and EPS estimates. Over the trailing four quarters Planet Labs beat the Zacks Consensus in three instances and matched it once, producing an average earnings surprise of 75%. Those recent beats helped lift the shares 25.1% over the last month, even as the broader data & business process services segment rose 10.4% on average in the same period.
Planet Labs is an earth imaging satellite company listed on the NYSE under ticker PL. Zacks currently assigns the company a Rank #3 and an Earnings ESP of 0.00%; the Zacks revenue and EPS estimates for the quarter have not changed in the past 30 days and most analysts covering the company reconfirmed their numbers over that span. The consensus remains centered on the $89.8 million revenue figure and a three‑cent loss per share as the immediate metrics investors will digest.
The most pressing friction in the story is this: analysts are penciling in revenue growth in the mid‑30s — a range between the Zacks‑implied 35.5% and the market’s 36.2% — even though Planet Labs has missed Wall Street’s revenue estimates multiple times over the last two years. That record of occasional misses sits uneasily beside the recent streak of beats and the hefty average earnings surprise, creating a split between momentum in results and a longer pattern of inconsistency.
Sector peers underscore how results can move sentiment. Fair Isaac Corporation reported year‑over‑year revenue growth of 38.7% in its latest quarter, beating expectations by 9.1% and trading up 3.3% afterward. CoStar posted 22.5% revenue growth and matched consensus, but the stock fell 5.1% on the reaction. Planet’s recent outperformance — its share price trading at $48.20 against an average analyst target of $35.50 — suggests investors have priced in optimism that the company can string together another positive print.
What investors will be watching beyond the headline revenue and EPS is whether management changes guidance or highlights any new customer wins, subscription metrics, or cadence shifts in contract timing that could explain the swing between beats and misses. With an Earnings ESP of 0.00% and stable analyst estimates in the past 30 days, there is little in the public numbers to signal a surprise in either direction; the company’s execution and the quarter’s revenue recognition patterns will carry the weight.
Thursday’s release after market close will supply the immediate answer: a top‑line beat near or above $89.8 million would reinforce the recent momentum and likely support the rally in PL stock, while another miss would underline the company’s uneven history and could pull the share price back toward the $35.50 analyst average. The market’s reaction will show whether investors have rewarded Planet Labs for growth or priced in the risk of recurring shortfalls — and that result, not rhetoric, will decide how the stock trades into the summer.
