Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Joby Aviation Stock Popped After Earnings

TheMotleyFool

0 0

Why Joby Aviation Stock Popped After Earnings: https://g.foolcdn.com/editorial/images/817644/woman-with-suitcase-looks-up-at-a-hovering-air-taxi.jpg

Joby Aviation (NYSE: JOBY) stock jumped 6.8% through 10:10 a.m. ET this morning after "beating" earnings last night. Analysts forecast Joby would lose $0.19 per share in its first quarter of 2025, but the electric air taxi company reported a loss of only $0.11 per share.

Joby has no revenue, so analysts didn't bother making a revenue forecast -- and Joby reported no revenue.

Image source: Getty Images.

Source Fool.com

Like: 0

JOBY

Share