Company Performance - BigBear.ai Holdings, Inc. (BBAI) closed at $6.31, reflecting a +1.77% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.16% [1] - Over the past month, shares of BigBear.ai have decreased by 2.82%, underperforming the Computer and Technology sector's loss of 0.85% and the S&P 500's gain of 1.89% [1] Earnings Expectations - The upcoming earnings report for BigBear.ai is expected to show an EPS of -$0.05, which represents a 25% decline compared to the same quarter last year [2] - Quarterly revenue is anticipated to be $32.44 million, down 26% from the year-ago period [2] Full Year Projections - For the full year, Zacks Consensus Estimates project an EPS of -$0.93 and revenue of $132.81 million, indicating changes of +15.45% and 0% respectively from the prior year [3] - Recent changes to analyst estimates for BigBear.ai are important as they reflect near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3] Zacks Rank and Industry Position - BigBear.ai currently holds a Zacks Rank of 2 (Buy), with the Zacks Rank system showing a strong historical performance, particularly for 1 ranked stocks which have generated an average annual return of +25% since 1988 [5] - The Computers - IT Services industry, which includes BigBear.ai, has a Zacks Industry Rank of 153, placing it in the bottom 38% of over 250 industries [6]
BigBear.ai Holdings, Inc. (BBAI) Beats Stock Market Upswing: What Investors Need to Know