Arcimoto Inc expected to post a loss of 12  cents a share - Earnings Preview

Arcimoto

14/05/2021 22:35

* Arcimoto Inc  FUV.OQ   FUV.O  is expected to show a rise in
quarterly revenue when it reports results on May 17 .
* The Eugene, Oregon-based company is expected to report   a
125.0% increase in revenue to $1.388 million from $617 thousand
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Arcimoto Inc is for a
loss of 12 cents per share. For the same quarter last year, the
company reported a loss of 15 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Arcimoto Inc is
$8​, about 1.1% below​ its last closing price of $8.09. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020              -0.12      -0.19     Missed  -63.8
 Sep. 30 2020  -0.13       -0.13      -0.15     Missed  -18.4
 Jun. 30 2020  -0.12       -0.11      -0.15     Missed  -34.3​
 Mar. 31 2020  -0.14       -0.17      -0.15     Beat    10.4
 Dec.          -0.22​      -0.19      -0.20     Missed  -2.6​
 31​ 2019​                                              
 Sep. 30 2019  -0.27       -0.23      -0.22     Beat    2.9​
 Jun. 30 2019  -0.28       -0.22      -0.23     Missed  -2.2
 Mar. 31 2019  -0.21       -0.21      -0.20     Beat    7
 This summary was machine generated May 14 at 21:35 GMT.  All
figures in US dollars unless otherwise stated