* Joby Aviation Inc reported a quarterly adjusted loss of 21 cents per share for the quarter ended January 1, lower than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of five analysts for the quarter was for a loss of 19 cents per share. Wall Street expected results to range from -20 cents to -18 cents per share.
* Revenue was $28.00 thousand; analysts expected $43.00 thousand.
* Joby Aviation Inc's reported EPS for the quarter was a loss of 21 cents.
* The company reported a quarterly loss of $143.88 million.
* Joby Aviation Inc shares had risen by 1.4% this quarter and lost 23.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 1.3% 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 "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the aerospace & defense peer group is also "hold"
Wall Street's median 12-month price target for Joby Aviation Inc is $9.00 This summary was machine generated from LSEG data November 7 at 04:59 a.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
Sep. 30 2024 -0.19 -0.21 Missed
Jun. 30 2024 -0.18 -0.18 Met
Mar. 31 2024 -0.17 -0.14 Beat
Dec. 31 2023 -0.18 -0.17 Beat
Comments