Joby Aviation (JOBY) Scheduled to Post Earnings on Tuesday

Joby Aviation (NYSE:JOBY - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of ($0.17) per share for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Joby Aviation (NYSE:JOBY - Get Free Report) last released its quarterly earnings data on Wednesday, February 21st. The company reported ($0.17) earnings per share for the quarter, beating analysts' consensus estimates of ($0.19) by $0.02. The company had revenue of $1.03 million for the quarter, compared to analyst estimates of $1.50 million. During the same period in the previous year, the firm posted ($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 Stock Performance

Joby Aviation stock traded down $0.15 on Tuesday, reaching $5.05. The company's stock had a trading volume of 3,656,793 shares, compared to its average volume of 4,886,060. The business's fifty day moving average price is $5.14 and its 200 day moving average price is $5.74. Joby Aviation has a twelve month low of $3.99 and a twelve month high of $11.98. The company has a market cap of $3.55 billion, a price-to-earnings ratio of -6.23 and a beta of 2.07.

Insider Transactions at Joby Aviation

In other news, insider Matthew Field sold 12,500 shares of Joby Aviation stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $5.50, for a total value of $68,750.00. Following the completion of the transaction, the insider now owns 232,506 shares of the company's stock, valued at approximately $1,278,783. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CEO Joeben Bevirt sold 5,448 shares of the company's stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $4.64, for a total transaction of $25,278.72. Following the completion of the sale, the chief executive officer now owns 662,605 shares of the company's stock, valued at $3,074,487.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Matthew Field sold 12,500 shares of the stock in a transaction that occurred 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 in the company, valued at approximately $1,278,783. The disclosure for this sale can be found here. Insiders sold 550,832 shares of company stock valued at $2,822,382 over the last three months. Company 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.