Joby Aviation, Inc. (JOBY) Reports Q3 Loss, Misses Revenue Estimates
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Joby Aviation, Inc. (JOBY) reported a Q3 loss of $0.21 per share, missing the Zacks Consensus Estimate of a $0.20 loss. This is a larger loss compared to $0.13 per share a year ago.
November 07, 2024 | 12:00 am
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Joby Aviation reported a larger-than-expected Q3 loss of $0.21 per share, missing the consensus estimate and showing a year-over-year increase in losses.
The reported loss of $0.21 per share is worse than the expected $0.20 loss, indicating underperformance. The increase in loss from $0.13 per share last year suggests deteriorating financials, likely leading to negative short-term stock price impact.
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