Arbe Robotics Ltd expected to post a loss of 14 cents a share - Earnings Preview

Arbe Robotics

15/05/2023 13:55

* Arbe Robotics Ltd  ARBE.OQ   ARBE.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 17. 
    * The Tel Aviv-yafo Israel-based   company is expected to
report 
a 52.4% decrease in revenue to $417 thousand from $876 thousand
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Arbe Robotics Ltd
is for
a loss of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $8​, above​ its last closing price of $2.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.15       -0.14      -0.25     Missed  -72.4
 Sep. 30 2022  -0.16       -0.16      -0.16     Met     -2.2
 Jun. 30 2022  -0.16       -0.16      -0.18     Missed  -9.1​
 Mar. 31 2022  -0.19       -0.18      -0.12     Beat    33.6
 ​​Dec.        -0.10       -0.10      -0.27     Missed  -177.6
 31 2021                                                
 Sep. 30 2021  -0.09       -0.08      -1.35     Missed  -1,488
                                                        .2​
 This summary was machine generated May 15 at 12:55 GMT.  All
figures in US dollars  unless otherwise stated