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

Aurora Innovation

02/11/2023 16:26

* Aurora Innovation Inc  AUR.OQ  reported a quarterly
adjusted
loss of 13 cents​​ per share for the quarter ended in September,
higher than the same quarter last year, when the company
reported EPS of -17 cents.  The mean expectation of
four analysts for the quarter was for a loss of 15 cents per
share. Wall Street expected results to range from -16 cents
to -14 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Aurora Innovation Inc's reported EPS for the quarter was a
loss
of 13 cents​.
    * The company reported a quarterly loss of $190 million.
    * Aurora Innovation Inc shares had fallen by 23.0% this
quarter and gained 49.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 14.8%
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," 4
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Aurora
Innovation
Inc is $3.80 

This summary was machine generated from LSEG data November 2 at
04:26 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.15          -0.13          Beat
 Jun. 30 2023      -0.17          -0.18          Missed
 Mar. 31 2023      -0.17          -0.16          Beat
 Dec. 31 2022      -0.17          -0.25          Missed