BAER Earnings Prediction
The chart below shows how BAER performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BAER sees a -3.38% change in stock price 10 days leading up to the earnings, and a -5.58% change 10 days following the report. On the earnings day itself, the stock moves by +4.36%. This data can give you a slight idea of what to expect for the next quarter's release.
BAER Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
64.51M
20.31%
395.67%
Gross Margin
64.34%
-10.19%
166.09%
Operating Margin
50.95%
20.79%
-239.44%
Net Margin
42.39%
29.95%
-155.27%
EPS
0.31
121.43%
-193.94%
No Data Available
BAER Earnings Analysis
Bridger Aerospace Group Holdings, Inc. Common Stock Corporation (BAER.O) Earnings Conference Call
Positive
Revenue Increase of 20%: Revenue increased approximately 20% to $64.5 million from $53.6 million in the third quarter of 2023.
Net Income Increase: Net income of $27.3 million or $0.31 per diluted share compared to net income of $17.5 million or $0.22 per diluted share in the third quarter of 2023.
EBITDA Increase Analysis: Adjusted EBITDA was $47 million compared to $38.7 million in the third quarter of 2023.
Revenue Increase Year-over-Year: For the first nine months of 2024, revenue was $83 million compared to $65.6 million in the first nine months of 2023.
Positive Free Cash Flow: We expect to report positive free cash flow for the first time in Bridger's history in a range of $1 million to $10 million.
Negative
Revenue Surge Analysis: Revenue increased approximately 20% to $64.5 million from $53.6 million in the third quarter of 2023, indicating a significant growth but also highlighting the previous lower performance.
Cost of Revenues Increase: Cost of revenues was $23 million in the third quarter of 2024, up from $16 million in the third quarter last year, reflecting increased operational expenses.
SG&A Expense Reduction: Selling general and administrative expenses declined to $28.2 million in the first nine months of 2024 compared to $63.5 million for the same period in 2023, indicating a significant reduction but also a potential impact on operational capacity.
Net Loss Improvement: Net loss was $2.7 million in the first nine months of 2024 compared to a net loss of $46.2 million in the same period of 2023, showing improvement but still reflecting ongoing financial challenges.
EBITDA Growth and Profitability: Adjusted EBITDA was $40.2 million for the first nine months of this year compared to $29 million in the same period last year, indicating growth but also highlighting the need for continued improvement in profitability.
BAER FAQs
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BAER Earning Call Sentiment
Bridger Aerospace Group Holdings, Inc. (BAER) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
BAER.O
-3.32%Positive
The earnings call reveals strong financial performance with increased revenue, net income, and adjusted EBITDA. The company has raised its 2024 revenue guidance significantly, indicating confidence in future growth. Positive free cash flow is expected for the first time, and strategic investments are planned. While there are risks like seasonality and political factors, the overall sentiment is positive due to improved financial metrics and optimistic guidance. The Q&A section highlighted inflationary pressures but also cost management strategies, reinforcing the positive outlook.
