Analysts Expect BigBear.ai Holdings, Inc. (NYSE:BBAI) Will Post Earnings of -$0.09 Per Share

Wall Street brokerages expect BigBear.ai Holdings, Inc. (NYSE:BBAI – Get Rating) to post earnings per share (EPS) of ($0.09) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for BigBear.ai’s earnings. The lowest EPS estimate is ($0.09) and the highest is ($0.08). The firm is expected to issue its next earnings report on Monday, January 1st.

On average, analysts expect that BigBear.ai will report full-year earnings of ($0.33) per share for the current financial year, with EPS estimates ranging from ($0.37) to ($0.29). For the next year, analysts forecast that the company will post earnings of ($0.13) per share, with EPS estimates ranging from ($0.23) to ($0.03). Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that cover BigBear.ai.

BigBear.ai (NYSE:BBAI – Get Rating) last issued its earnings results on Thursday, March 17th. The company reported ($0.70) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.68). The business had revenue of $33.48 million during the quarter, compared to analysts’ expectations of $42.23 million.

A number of research firms recently issued reports on BBAI. Oppenheimer started coverage on shares of BigBear.ai in a research report on Monday, March 28th. They set an “outperform” rating and a $10.00 price objective for the company. William Blair started coverage on BigBear.ai in a report on Wednesday, February 9th. They set a “market perform” rating on the stock. Finally, Zacks Investment Research upgraded BigBear.ai from a “sell” rating to a “hold” rating in a research report on Wednesday.

Institutional investors have recently modified their holdings of the stock. Invesco Ltd. bought a new position in BigBear.ai during the 1st quarter worth $2,953,000. Schonfeld Strategic Advisors LLC acquired a new position in shares of BigBear.ai in the fourth quarter worth approximately $434,000. Goldman Sachs Group Inc. bought a new stake in BigBear.ai in the first quarter valued at approximately $142,000. Penserra Capital Management LLC bought a new position in BigBear.ai during the 4th quarter worth approximately $44,000. Finally, Gillson Capital LP acquired a new position in shares of BigBear.ai in the 4th quarter worth approximately $243,000. 48.42% of the stock is currently owned by institutional investors.

NYSE:BBAI traded up $0.30 during trading hours on Monday, hitting $10.00. The company’s stock had a trading volume of 575,097 shares, compared to its average volume of 283,765. BigBear.ai has a twelve month low of $4.45 and a twelve month high of $16.12. The company has a quick ratio of 3.19, a current ratio of 3.19 and a debt-to-equity ratio of 3.81. The stock has a fifty day simple moving average of $9.33.

About BigBear.ai (Get Rating)

BigBear.ai Holdings, Inc provides decision support analytics solutions for the defense, intelligence, federal civilian, manufacturing, supply chain, logistics, and commercial markets. Its solutions enable customers to catalog, curate, manage, automate, and visualize data feeds that can be leveraged to inform decision-making and create decision advantages in various operational environments.

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