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NextNav Inc reports results for the quarter ended December 31 - Earnings Summary

NextNav Inc NN.OQ reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -15 cents.  The mean expectation of two analysts for the quarter was for a loss of 14 cents per share. Wall Street expected results to range from -16 cents to -13 cents per share.

Revenue rose 58.6% to $1.91 million from a year ago; analysts expected $1.73 million.

NextNav Inc's reported EPS for the quarter was a loss of 25 cents​.

The company reported a quarterly loss of $32.28 million.

NextNav Inc shares had fallen by 34.7% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged 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 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the phones & handheld devices peer group is  "hold."

Wall Street's median 12-month price target for NextNav Inc is $13.00

This summary was machine generated from LSEG data March 12 at 09:00 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.14-0.25Missed
Sep. 30 2024-0.15-0.11Beat
Jun. 30 2024-0.14-0.21Missed
Mar. 31 2024-0.19-0.28Missed

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