Arbe Robotics (NASDAQ:ARBE) is preparing to release its quarterly earnings on Wednesday, 2024-11-27. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Arbe Robotics to report an earnings per share (EPS) of $-0.11.
The announcement from Arbe Robotics is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
The company's EPS beat by $0.08 in the last quarter, leading to a 2.91% drop in the share price on the following day.
Here's a look at Arbe Robotics's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.17 | -0.14 | -0.13 | -0.16 |
| EPS Actual | -0.09 | -0.14 | -0.10 | -0.12 |
| Price Change % | -3.0% | -1.0% | 6.0% | -6.0% |
Arbe Robotics Share Price Analysis
Shares of Arbe Robotics were trading at $1.93 as of November 25. Over the last 52-week period, shares are down 6.37%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for Arbe Robotics visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.