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

Arbe Robotics

25/11/2024 13:34

* 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 $1.90. ​​​

This summary was machine generated November 25 at 13:34 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)