Arbe Robotics Ltd expected to post a loss of 17 cents a share - Earnings Preview

Arbe Robotics

02/08/2024 17:28

* Arbe Robotics Ltd  ARBE.OQ   ARBE.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 6 for
the period ending June 30 2024
    * The Tel Aviv-yafo Israel-based   company is expected to
report a
2.7% increase in revenue to $296.67 thousand from $289 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 17 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 had risen by
about 8.4%
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 $2.09. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.14       -0.14      -0.16     Missed  -13.5
 Dec. 31 2024  -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
 ​​Jan.        -0.15       -0.14      -0.15     Missed  -3.6
 1 0001                                                 
 Jan. 1 0001   -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
 This summary was machine generated August 2 at 16:27 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)