Bridger Aerospace Group (NASDAQ:BAER) Announces Earnings Results

Bridger Aerospace Group (NASDAQ:BAER - Get Free Report) issued its earnings results on Thursday. The company reported ($0.41) EPS for the quarter, topping analysts' consensus estimates of ($0.50) by $0.09, Zacks reports. The firm had revenue of $15.65 million for the quarter, compared to analysts' expectations of $6.00 million. Bridger Aerospace Group updated its FY 2025 guidance to EPS.

Bridger Aerospace Group Stock Up 3.3%

Bridger Aerospace Group stock traded up $0.05 during mid-day trading on Tuesday, reaching $1.57. 66,431 shares of the company's stock were exchanged, compared to its average volume of 1,085,470. Bridger Aerospace Group has a twelve month low of $1.02 and a twelve month high of $4.49. The company has a market cap of $85.12 million, a P/E ratio of -1.15 and a beta of 0.03. The company has a fifty day moving average of $1.45 and a 200-day moving average of $2.21.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reduced their price objective on shares of Bridger Aerospace Group from $6.00 to $5.00 and set a "buy" rating on the stock in a report on Monday, March 17th.

About Bridger Aerospace Group

Bridger Aerospace Group Holdings, Inc provides aerial wildfire management, relief and suppression, and firefighting services to federal and state government agencies in the United States. It offers fire suppression services, such as direct fire suppression aerial firefighting support services for ground crew to drop large amounts of water quickly and directly on wildfires.