Joby Aviation Q2 EPS $(0.45) Misses $(0.15) Estimate
Portfolio Pulse from bharat@benzinga.com
Joby Aviation reported Q2 losses of $0.45 per share, missing the analyst consensus estimate of $0.15 by 200 percent. This represents a 400 percent increase in losses compared to the same period last year.
August 04, 2023 | 12:17 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Joby Aviation's Q2 earnings were significantly below expectations, with losses per share of $0.45 compared to an estimated $0.15. This could negatively impact investor sentiment.
Joby Aviation's earnings miss is significant, exceeding analyst estimates by 200%. This suggests the company's financial performance is worse than expected, which could lead to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100