Arcimoto Inc expected to post a loss of 16 cents a share - Earnings Preview

Arcimoto

13/08/2021 12:18

* Arcimoto Inc  FUV.OQ   FUV.O  is expected to show a rise in
quarterly revenue when it reports results on August 16. 
* The Eugene, Oregon-based company is expected to report   a
677.9% increase in revenue to $2.089 million from $268.54
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 16 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
$15.5​, about 14.6% below​ its last closing price of $17.76. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.13       -0.12      -0.13     Missed  -6.6
 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.          -0.14​      -0.17      -0.15     Beat    10.4​
 31​ 2020​                                              
 Dec. 31 2019  -0.22       -0.19      -0.20     Missed  -2.6​
 Sep. 30 2019  -0.27       -0.23      -0.22     Beat    2.9
 Jun. 30 2019  -0.28       -0.22      -0.23     Missed  -2.2
 This summary was machine generated August 13 at 11:18 GMT.  All
figures in US dollars unless otherwise stated