Beta Technologies, Inc. Reports Results For The Quarter Ended June 30: Earnings Summary
BETA Technologies, Inc. reports results for the quarter ended June 30 - Earnings Summary
BETA Technologies, Inc. BETA.N reported a quarterly adjusted loss of 57 cents per share for the quarter ended June 30. The mean expectation of seven analysts for the quarter was for a loss of 55 cents per share. Wall Street expected results to range from -59 cents to -49 cents per share.
Revenue was $14.66 million; analysts expected $9.75 million.
BETA Technologies, Inc.'s reported EPS for the quarter was a loss of 64 cents.
The company reported a quarterly loss of $148.75 million.
BETA Technologies, Inc. shares had risen by 46.8% this quarter and lost 12.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 8.8% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is "buy."
Wall Street's median 12-month price target for BETA Technologies, Inc. is $32.00, about 23.2% above its last closing price of $24.59
This summary was machine generated from LSEG data August 12 at 01:31 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 |
Jun. 30 2026 | -0.55 | -0.57 | Missed |
Mar. 31 2026 | -0.66 | -0.53 | Beat |
Dec. 31 2025 | -0.48 | -10.01 | Missed |
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Beta Technologies, Inc. Reports Results For The Quarter Ended June 30: Earnings Summary
Brief: BETA Technologies Announces Second Quarter 2026 Results