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Aeva Technologies Inc reports results for the quarter ended March 31 - Earnings Summary

Aeva Technologies Inc AEVA.OQ reported a quarterly adjusted loss of 45 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -56 cents.  The mean expectation of four analysts for the quarter was for a loss of 51 cents per share. Wall Street expected results to range from -58 cents to -47 cents per share.

Revenue rose 59.8% to $3.37 million from a year ago; analysts expected $2.33 million.

Aeva Technologies Inc's reported EPS for the quarter was a loss of 64 cents​.

The company reported a quarterly loss of $34.87 million.

Aeva Technologies Inc shares had risen by 93.4% this quarter and gained 185.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 11.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

Wall Street's median 12-month price target for Aeva Technologies Inc is $9.00

This summary was machine generated from LSEG data May 14 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.51-0.45Beat
Dec. 31 2024-0.58-0.49Beat
Sep. 30 2024-0.59-0.55Beat
Jun. 30 2024-0.58-0.57Beat

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