Arbe Robotics Ltd expected to post a loss of 15 cents a share - Earnings Preview

Arbe Robotics

07/08/2023 19:34

* Arbe Robotics Ltd  ARBE.OQ   ARBE.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 9. 
    * The Tel Aviv-yafo Israel-based   company is expected to
report 
a 62.7% decrease in revenue to $460.5 thousand from $1.24
million 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 15 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 $6​, above​ its last closing price of $2.86. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.15       -0.14      -0.15     Missed  -3.6
 Dec. 31 2023  -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.        -0.19       -0.18      -0.12     Beat    33.6
 31 2022                                                
 Dec. 31 2021  -0.10       -0.10      -0.27     Missed  -177.6
                                                        ​
 Sep. 30 2021  -0.09       -0.08      -1.35     Missed  -1,488
                                                        .2
 This summary was machine generated August 7 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated