Joby Aviation (JOBY) to Release Quarterly Earnings on Tuesday

Joby Aviation (NYSE:JOBY) will issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect Joby Aviation to post earnings of ($0.17) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Joby Aviation (NYSE:JOBY) last released its earnings results on Wednesday, February 21st. The company reported ($0.17) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.02. The business had revenue of $1.03 million during the quarter, compared to analysts’ expectations of $1.50 million. During the same period last year, the business earned ($0.14) earnings per share. On average, analysts expect Joby Aviation to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Joby Aviation Price Performance

Shares of JOBY stock traded down $0.03 during trading hours on Tuesday, reaching $5.16. The company had a trading volume of 951,077 shares, compared to its average volume of 4,849,317. Joby Aviation has a 12-month low of $3.99 and a 12-month high of $11.98. The stock has a fifty day moving average of $5.17 and a 200-day moving average of $5.75.

Insider Activity

In other Joby Aviation news, CEO Joeben Bevirt sold 5,757 shares of the stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $6.03, for a total transaction of $34,714.71. Following the completion of the transaction, the chief executive officer now owns 604,437 shares of the company’s stock, valued at $3,644,755.11. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, insider Matthew Field sold 12,500 shares of the company’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $5.50, for a total transaction of $68,750.00. Following the sale, the insider now owns 232,506 shares of the company’s stock, valued at $1,278,783. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Joeben Bevirt sold 5,757 shares of Joby Aviation stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $6.03, for a total value of $34,714.71. Following the completion of the transaction, the chief executive officer now owns 604,437 shares of the company’s stock, valued at $3,644,755.11. The disclosure for this sale can be found here. Insiders have sold a total of 550,832 shares of company stock valued at $2,822,382 in the last quarter. Insiders own 49.50% of the company’s stock.

Joby Aviation Company Profile

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. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.