Aurora Innovation Inc reports results for the quarter ended in June - Earnings Summary

Aurora Innovation

31/07/2024 23:48

* Aurora Innovation Inc  AUR.OQ  reported a quarterly
adjusted
loss of 12 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of -18 cents.  The mean expectation of
four analysts for the quarter was for a loss of 13 cents per
share. Wall Street expected results to range from -15 cents
to -12 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Aurora Innovation Inc's reported EPS for the quarter was a
loss
of 12 cents​.
    * The company reported a quarterly loss of $182 million.
    * Aurora Innovation Inc shares had risen by 43.0% this
quarter and
lost 9.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.5%
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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Aurora Innovation
Inc is $3.30 
This summary was machine generated from LSEG data July 31 at
10:47 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
 Jan. 1 0001       -0.13          -0.12          Beat
 Mar. 31 2024      -0.14          -0.11          Beat
 Dec. 31 2023      -0.15          -0.13          Beat
 Sep. 30 2023      -0.15          -0.13          Beat