Joby Aviation: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Joby Aviation (NYSE:JOBY) reported Q4 earnings with an EPS of $-0.17, beating estimates by 5.56% and showing a revenue increase of $1.03 million year-over-year. The company's past earnings performance saw a 13.06% share price increase the following day.
February 21, 2024 | 9:15 pm
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POSITIVE IMPACT
Joby Aviation reported a positive earnings surprise for Q4, with an EPS of $-0.17, surpassing estimates by 5.56% and showing a revenue increase from the previous year.
Joby Aviation's positive earnings report, beating estimates and showing revenue growth, is likely to instill investor confidence and potentially lead to a short-term stock price increase, similar to the previous quarter's performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100