Equities analysts expect Joby Aviation, Inc. (NYSE:JOBY – Get Rating) to post ($0.14) earnings per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Joby Aviation’s earnings. The business is expected to announce its next quarterly earnings results on Monday, January 1st.
According to Zacks, analysts expect that Joby Aviation will report full-year earnings of ($0.52) per share for the current year, with EPS estimates ranging from ($0.55) to ($0.48). For the next year, analysts expect that the firm will post earnings of ($0.53) per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Joby Aviation.
Joby Aviation (NYSE:JOBY – Get Rating) last posted its earnings results on Thursday, March 24th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.16.
Shares of NYSE JOBY opened at $5.27 on Friday. The stock has a 50 day simple moving average of $5.14 and a 200-day simple moving average of $6.82. Joby Aviation has a 12-month low of $3.61 and a 12-month high of $14.33.
Several hedge funds and other institutional investors have recently modified their holdings of JOBY. UBS Group AG acquired a new position in shares of Joby Aviation during the 3rd quarter worth approximately $29,000. The Manufacturers Life Insurance Company acquired a new stake in Joby Aviation during the 4th quarter valued at approximately $75,000. Vident Investment Advisory LLC bought a new stake in shares of Joby Aviation during the 4th quarter valued at about $79,000. Naviter Wealth LLC acquired a new position in shares of Joby Aviation during the 4th quarter valued at $80,000. Finally, Toroso Investments LLC acquired a new position in Joby Aviation during the 4th quarter worth approximately $82,000. Institutional investors own 18.13% of the company’s stock.
About Joby Aviation (Get Rating)
Joby Aviation, Inc, a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. It intends to build an aerial ridesharing service. The company was founded in 2009 and is headquartered in Santa Cruz, California.
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