BigBear.ai Holdings, Inc. (BBAI) Reports Q1 Loss, Misses Revenue Estimates

Company Performance - BigBear.ai Holdings, Inc. reported a quarterly loss of $0.10 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.06, and an improvement from a loss of $0.22 per share a year ago, indicating a significant year-over-year improvement [1] - The company posted revenues of $34.76 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.17%, but showing an increase from $33.12 million in the same quarter last year [2] - Over the last four quarters, BigBear.ai has surpassed consensus EPS estimates three times, but has not been able to beat consensus revenue estimates during the same period [2] Stock Performance - BigBear.ai shares have declined approximately 23.4% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] - The current Zacks Rank for BigBear.ai is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.06 on revenues of $41.53 million, and for the current fiscal year, it is -$0.21 on revenues of $167.2 million [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable, which may impact future stock performance [6] Industry Context - The Computers - IT Services industry, to which BigBear.ai belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, suggesting a challenging environment for stocks in this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could be a useful metric for investors [5]