Bridger Aerospace Group (NASDAQ:BAER) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Bridger Aerospace Group (NASDAQ:BAER) announced its earnings results on Thursday. The company reported ($0.36) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.02), Zacks reports. The firm had revenue of $15.59 million for the quarter, compared to analyst estimates of $9.70 million. During the same period last year, the business earned ($0.67) EPS. Bridger Aerospace Group updated its FY 2025 guidance to EPS.

Bridger Aerospace Group Stock Down 2.8 %

Shares of NASDAQ:BAER opened at $1.75 on Friday. The company has a market cap of $94.58 million, a P/E ratio of -1.28 and a beta of -0.14. Bridger Aerospace Group has a 52 week low of $1.63 and a 52 week high of $6.20. The company has a 50-day moving average price of $2.42 and a 200 day moving average price of $2.55.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a $6.00 target price on shares of Bridger Aerospace Group in a research note on Wednesday, January 15th.

Bridger Aerospace Group Company Profile

Bridger Aerospace Group Holdings, Inc provides aerial wildfire management, relief and suppression, and firefighting services to federal and state government agencies in the United States. It offers fire suppression services, such as direct fire suppression aerial firefighting support services for ground crew to drop large amounts of water quickly and directly on wildfires.