Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Posts Earnings Results, Beats Expectations By $7.92 EPS

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) released its earnings results on Monday. The company reported ($0.90) earnings per share (EPS) for the quarter, beating the consensus estimate of ($8.82) by $7.92, FiscalAI reports. The firm had revenue of $0.09 million during the quarter, compared to analyst estimates of $0.30 million.

Foresight Autonomous Holdings Ltd. American Depositary Shares Stock Performance

NASDAQ:FRSX opened at $1.19 on Tuesday. The firm’s fifty day moving average is $1.51 and its two-hundred day moving average is $2.06. The firm has a market cap of $1.93 million, a price-to-earnings ratio of -0.05 and a beta of 0.69. Foresight Autonomous Holdings Ltd. American Depositary Shares has a one year low of $1.15 and a one year high of $8.23.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

About Foresight Autonomous Holdings Ltd. American Depositary Shares

Foresight Autonomous Holdings Ltd. is an Israel‐based technology company specializing in advanced vision and sensing systems for driver assistance and autonomous vehicles. Incorporated in Israel, the company was established to address the growing demand for vision‐first safety solutions within the automotive industry.

Foresight markets two core product lines: a stereo‐camera platform that uses depth perception and image segmentation to detect pedestrians, vehicles and obstacles in real time, and iDAR, an “intelligent detection and ranging” system that blends LiDAR‐style distance measurement with software-driven image analysis.