Arbe Robotics .(US:ARBE) ZACKSยท2025-05-20 13:11Company Performance - Arbe Robotics Ltd. reported a quarterly loss of $0.09 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.08, but an improvement from a loss of $0.14 per share a year ago, indicating a year-over-year improvement [1] - Industrial Tech Acquisitions posted revenues of $0.04 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 60%, and down from $0.14 million in the same quarter last year [2] - The current consensus EPS estimate for Industrial Tech Acquisitions is -$0.13 on $0.3 million in revenues for the coming quarter and -$0.54 on $2.3 million in revenues for the current fiscal year [7] Market Performance - Industrial Tech Acquisitions shares have lost about 12.4% since the beginning of the year, while the S&P 500 has gained 1.4%, indicating underperformance relative to the broader market [3] - The company has surpassed consensus EPS estimates just once over the last four quarters, reflecting challenges in meeting market expectations [2] Earnings Outlook - The earnings outlook for Industrial Tech Acquisitions is mixed, with the current Zacks Rank at 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] Industry Context - The Technology Services industry, to which Industrial Tech Acquisitions belongs, is currently in the top 20% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Alithya Group, another company in the same industry, is expected to report quarterly earnings of $0.02 per share, reflecting a year-over-year change of -50%, with revenues expected to be $85.25 million, down 4.7% from the previous year [9]