Arbe Robotics .(US:ARBE) ZACKS·2024-11-27 14:11Group 1: Company Performance - Arbe Robotics Ltd. reported a quarterly loss of $0.13 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.11, representing an earnings surprise of -18.18% [1] - Over the last four quarters, the company has surpassed consensus EPS estimates two times [2] - Industrial Tech Acquisitions posted revenues of $0.12 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 75.40%, compared to year-ago revenues of $0.48 million [2] Group 2: Stock Movement and Outlook - Industrial Tech Acquisitions shares have lost about 12.4% since the beginning of the year, while the S&P 500 has gained 26.2% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The estimate revisions trend for Industrial Tech Acquisitions is currently favorable, translating into a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Group 3: Future Earnings Estimates - The current consensus EPS estimate for the coming quarter is -$0.09 on $0.5 million in revenues, and -$0.40 on $1.5 million in revenues for the current fiscal year [7] - The outlook for the industry can significantly impact stock performance, with the Technology Services sector currently in the top 23% of Zacks industries [8] Group 4: Related Industry Insights - Sprinklr, another stock in the same industry, is expected to report quarterly earnings of $0.08 per share, reflecting a year-over-year change of -27.3%, with revenues expected to be $196.55 million, up 5.5% from the year-ago quarter [9][10]