Oct 31, 11:15 PM

Mobileye Reports Q3 Earnings: EPS 10c vs Consensus 9c, Revenue $486M vs Consensus $472M, Shares Up 8.1%

Mobileye Global, trading under the ticker $MBLY, reported its third-quarter 2024 results, revealing an adjusted earnings per share (EPS) of 10 cents, slightly above the consensus estimate of 9 cents. The company's revenue for the quarter reached $486 million, surpassing the expected $472.14 million. Additionally, Mobileye has narrowed its revenue outlook for 2024 to a range of $1.62 billion to $1.66 billion, compared to the previous estimate of $1.6 billion to $1.68 billion. The consensus estimate for 2024 revenue stands at $1.65 billion. Following the earnings report, Mobileye shares experienced a notable increase, rising by 8.1% in pre-market trading despite the mixed results.

#Mobileye Global #Mobileye

Written with ChatGPT (GPT-4o mini).

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Cory Johnson ⚡️@CoryTV
1 year ago
One number that means a whole lot, explaining Mobileye Global earnings and the reaction of $MBLY shares. https://t.co/7rM6D9uXCE $MBLY 🎙️ @DrillDownPod #DrillDownEarnings #DDE #Mobileye Global
Cory Johnson ⚡️@CoryTV
1 year ago
What you DIDN'T hear about Mobileye Global earnings: https://t.co/gkWvDjXmmK $MBLY 🎙️ @DrillDownPod #DrillDownEarnings #DDE #Mobileye Global
Cory Johnson ⚡️@CoryTV
1 year ago
Give us 1 min. and we'll tell you everything you need to know about Mobileye Global's latest earnings: https://t.co/2b758MMBp7 $MBLY 🎙️ @DrillDownPod #DrillDownEarnings #DDE #Mobileye Global

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Mobileye Reports Q3 Earnings: EPS 10c vs Consensus 9c, Revenue $486M vs Consensus $472M, Shares Up 8.1%

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