Arbe Robotics Ltd expected to post a loss of 16 cents a share - Earnings Preview

Reuters11-08

Arbe Robotics Ltd <arbe.oq> expected to post a loss of 16 cents a share - Earnings Preview </arbe.oq>

Arbe Robotics Ltd ARBE.OQ, ARBE.O is expected to show a fall in quarterly revenue when it reports results on November 27 for the period ending September 30 2024
The Tel Aviv-yafo Israel-based company is expected to report a 6.1% decrease in revenue to $450 thousand from $479 thousand a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Arbe Robotics Ltd is for a loss of 16 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Arbe Robotics Ltd is $4.00, above its last closing price of $1.86.

This summary was machine generated November 8 at 15:33 GMT. 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)

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