Bridger Aerospace Group (NASDAQ:BAER) Announces Earnings Results

Bridger Aerospace Group (NASDAQ:BAER - Get Free Report) announced its quarterly earnings results on Monday. The company reported ($0.36) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.02), Zacks reports. The company had revenue of $15.59 million during the quarter, compared to analyst estimates of $9.70 million. During the same quarter last year, the company posted ($0.67) earnings per share.

Bridger Aerospace Group Trading Up 4.9 %

BAER stock traded up $0.09 during trading on Friday, hitting $1.84. The company had a trading volume of 1,203,363 shares, compared to its average volume of 429,422. The company has a fifty day moving average price of $2.42 and a two-hundred day moving average price of $2.54. The company has a market cap of $99.18 million, a P/E ratio of -1.34 and a beta of -0.14. Bridger Aerospace Group has a fifty-two week low of $1.53 and a fifty-two week high of $6.20.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and issued a $6.00 price target 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.