Arbe Robotics Ltd reports results for the quarter ended March 31 - Earnings Summary

Arbe Robotics

20/05/2025 14:32

Arbe Robotics Ltd ARBE.OQ reported a quarterly adjusted loss of 13 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -16 cents.  The mean expectation of two analysts for the quarter was for a loss of 15 cents per share.

Revenue fell 70.8% to $40.00 thousand from a year ago; analysts expected $100.00 thousand.

Arbe Robotics Ltd's reported EPS for the quarter was a loss of 13 cents​.

The company reported a quarterly loss of $13.82 million.

Arbe Robotics Ltd shares had risen by 58.3% this quarter and lost 12.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 25% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"

Wall Street's median 12-month price target for Arbe Robotics Ltd is $2.38

This summary was machine generated from LSEG data May 20 at 01:32 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
-0.15
-0.13
Beat
Dec. 31 2024
-0.16
-0.15
Beat
Sep. 30 2024
-0.16
-0.19
Missed
Jun. 30 2024
-0.17
-0.15
Beat