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

Arbe Robotics

20/05/2024 13:59

* Arbe Robotics Ltd  ARBE.OQ   ARBE.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 22 for the
period ending March 31 2024
    * The Tel Aviv-yafo Israel-based   company is expected to
report a
8.2% decrease in revenue to $326 thousand from $355 thousand a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG'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 4 "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 $3.50​, above​ its last closing price of $1.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.13       -0.13      -0.15     Missed  -11.7
 Sep. 30 2023  -0.16       -0.16      -0.18     Missed  -13.4
 Jun. 30 2023  -0.15       -0.15      -0.19     Missed  -23.1​
 Mar. 31 2023  -0.15       -0.14      -0.15     Missed  -3.6
 ​​Dec.        -0.15       -0.14      -0.25     Missed  -72.4
 31 2022                                                
 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
 This summary was machine generated May 20 at 12:59 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)