Joby Aviation, Inc. (JOBY) Reports Q3 Loss, Tops Revenue Estimates

Core Insights - Joby Aviation, Inc. reported a quarterly loss of $0.26 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.19, marking an earnings surprise of -36.84% [1] - The company generated revenues of $22.57 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 140.15%, compared to revenues of $0.03 million in the same quarter last year [2] - Joby Aviation's stock has increased by approximately 81.6% since the beginning of the year, significantly outperforming the S&P 500's gain of 15.1% [3] Financial Performance - Over the last four quarters, Joby Aviation has not surpassed consensus EPS estimates, with the most recent report showing a loss of $0.24 per share against an expected loss of $0.18 [2][1] - The current consensus EPS estimate for the upcoming quarter is -$0.18 on revenues of $13.49 million, and for the current fiscal year, it is -$0.87 on revenues of $23.37 million [7] Market Outlook - The company's earnings outlook is crucial for investors, as it reflects current consensus expectations and any recent changes [4] - The Zacks Rank for Joby Aviation is currently 2 (Buy), indicating expectations for the stock to outperform the market in the near future [6] - The Transportation - Airline industry, to which Joby Aviation belongs, is currently in the top 39% of Zacks industries, suggesting a favorable environment for stock performance [8]