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Joby Aviation (JOBY)
NYSE:JOBY
US Market
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Joby Aviation (JOBY) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 19, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
-0.19
Last Year’s EPS
-0.17
Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Mar 24, 2022
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% Change Since: 102.56%
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Next Earnings Date:Nov 11, 2021
Earnings Call Sentiment|Neutral
The earnings call reflected strong regulatory progress and strategic partnerships, particularly with Toyota, alongside significant capital raises that bolster Joby's financial position. However, these positives are counterbalanced by increased operational expenses and a notable net loss. The sentiment leans towards optimism due to the regulatory achievements and strengthened partnerships, but it is tempered by financial and operational challenges.
Company Guidance
During the third quarter 2024 earnings call for Joby Aviation, the company provided detailed guidance on its operational and financial progress. Key metrics highlighted included a cash and short-term investment balance of $710 million, with a quarterly cash use of $115 million, reflecting higher operational expenses and property investments. The company's net loss was reported at $144 million, partially offset by $13 million in interest and other income. Adjusted EBITDA showed a loss of $120 million, increasing from the prior quarter due to higher operating expenses. Joby also emphasized strengthening its balance sheet with an additional $222 million raised in October, anticipating a further $500 million investment from Toyota, which would bring total available funds to approximately $1.4 billion. The company continued to make strides in regulatory progress, notably with the FAA and international regulators, and expected to launch operations in Dubai as early as the end of 2025, supported by robust partnerships and strategic alliances.
Regulatory Progress
Exceptional lean-in from regulators globally, with significant progress in the U.S., UAE, UK, Japan, and Australia. The FAA's publication of the Special Federal Aviation Regulation (SFAR) was delivered ahead of schedule.
Partnerships and Demonstrations
Strengthened partnerships with Toyota, Uber, and Delta, including Toyota's increased investment of $500 million. Successful international demonstration flights completed in Japan.
Balance Sheet Strength
Total available balances expected to reach approximately $1.4 billion following recent capital raises, including $222 million in October and a $500 million investment from Toyota.
Production and Manufacturing Improvements
Completion of the first FAA-conforming tail assembly and 35% of composite components being manufactured for FAA-conforming builds. Production efficiency improved by over 30%.
Community and Engagement Initiatives
Successful public events in Los Angeles and New York City, engaging over 75,000 community members and stakeholders.
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Joby Aviation (JOBY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

JOBY Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Nov 11, 20212021 (Q3)
-0.03 / -0.20
-0.002-9900.00% (-0.20)
Mar 24, 20222021 (Q4)
-0.15 / 0.01
-0.008225.00% (+0.02)
May 12, 20222022 (Q1)
-0.12 / -0.11
0.471-123.35% (-0.58)
Aug 11, 20222022 (Q2)
-0.15 / -0.09
-0.1118.18% (+0.02)
Nov 02, 20222022 (Q3)
-0.15 / -0.14
-0.230.00% (+0.06)
Feb 22, 20232022 (Q4)
-0.16 / -0.11
0.01-1200.00% (-0.12)
May 03, 20232023 (Q1)
-0.15 / -0.19
-0.11-72.73% (-0.08)
Aug 02, 20232023 (Q2)
-0.15 / -0.45
-0.09-400.00% (-0.36)
Nov 01, 20232023 (Q3)
-0.17 / 0.00
-0.14
Feb 21, 20242023 (Q4)
-0.18 / -0.17
-0.11-54.55% (-0.06)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JOBY Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 06, 2024$5.07$5.10+0.59%
Aug 07, 2024$4.91$5.20+5.91%
May 07, 2024$5.37$4.89-8.94%
Feb 21, 2024$6.07$5.46-10.05%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Joby Aviation (JOBY) report earnings?
Joby Aviation (JOBY) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
    What is Joby Aviation (JOBY) earnings time?
    Joby Aviation (JOBY) earnings time is at Feb 19, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is JOBY EPS forecast?
          JOBY EPS forecast for the fiscal quarter 2024 (Q4) is -0.19.
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