BigBear.ai Holdings Inc reports results for the quarter ended in December - Earnings Summary

Reuters03-09

* BigBear.ai Holdings Inc reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of -23 cents. The mean expectation of five analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -8 cents tozero cents per share.

* Revenue rose 0.5% to $40.56 million from a year ago; analysts expected $42.75 million.

* BigBear.ai Holdings Inc's reported EPS for the quarter was a loss of 14 cents​.

* The company reported a quarterly loss of $21.26 million.

* BigBear.ai Holdings Inc shares had risen by 75.7% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 6.1% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the it services & consulting peer group is "hold."

Wall Street's median 12-month price target for BigBear.ai Holdings Inc is $3.75 This summary was machine generated from LSEG data March 8 at 08:27 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Dec. 31 2023 -0.05 -0.14 Missed

Sep. 30 2023 -0.07 0.03 Beat

Jun. 30 2023 -0.07 -0.12 Missed

Mar. 31 2023 -0.06 -0.19 Missed

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