Uncovering Potential: BigBear.ai Hldgs's Earnings Preview

BigBear.ai Hldgs (NYSE:BBAI) is gearing up to announce its quarterly earnings on Tuesday, 2024-11-05. Here's a quick overview of what investors should know before the release.

Analysts are estimating that BigBear.ai Hldgs will report an earnings per share (EPS) of $-0.07.

Anticipation surrounds BigBear.ai Hldgs's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings Track Record

The company's EPS beat by $0.01 in the last quarter, leading to a 4.29% drop in the share price on the following day.

Here's a look at BigBear.ai Hldgs's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.06

-0.06

-0.05

-0.07

EPS Actual

-0.05

-0.22

-0.14

0.03

Price Change %

-4.0%

-14.000000000000002%

-32.0%

-4.0%

Performance of BigBear.ai Hldgs Shares

Shares of BigBear.ai Hldgs were trading at $1.58 as of November 01. Over the last 52-week period, shares are up 3.97%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Insights Shared by Analysts on BigBear.ai Hldgs

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the ...