MRCY Earnings

MRCY reported its earnings on 2026-02-03, showcasing a revenue of 232.87M against an estimate of 207.39M, resulting in a 12.29% surprise. The EPS was -0.04, surpassing the expected 0.06 by -166.67%. The stock experienced a -22.32% price change on the earnings day and a -14.01% change over the next five days, reflecting market reactions to the results.

Following MRCY's earnings announcement on 2026-02-03, the stock price moved by -22.32% on the day of the release. Over the subsequent five days, it saw a -14.01% change. Historically, MRCY's stock price tends to shift by an average of -0.15% in the 10 days leading up to earnings and 2.4% in the 10 days following, providing insight into potential market.

For 2026/Q3, analysts estimate MRCY's annual revenue to reach 230.40M, while the EPS is projected at 0.22. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between MRCY's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2026 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, MRCY's stock price typically moves by -0.15% in the 10 days before its earnings and 2.4% in the 10 days after. For the upcoming 2026/Q3 earnings, analysts expect an EPS of 0.22 and revenue of 230.40M.

The earnings call presents a mixed picture: positive developments in product line growth and backlog replacement with higher-margin bookings are offset by persistent low-margin backlog and uncertainties in guidance. The Q&A reveals cautious cash management and a lack of raised guidance despite outperformance, reflecting concerns over supply chain uncertainties. While there are growth drivers like Golden Dome and international opportunities, the lack of specific guidance details and uncertainties around the Star program impact lead to a neutral sentiment. Given the market cap, these factors are likely to result in a neutral stock price movement.