Arcimoto Inc expected to post a loss of 20 cents a share - Earnings Preview

Arcimoto

12/11/2021 11:28

* Arcimoto Inc  FUV.OQ   FUV.O  is expected to show a rise in
quarterly revenue when it reports  results on November 16. 
* The Eugene, Oregon-based company is expected to report  a
174.9% increase in revenue to $1.88 million from $683.9 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 20 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 3 "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​, about 21% above​ its last closing price of $11.85. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2021  -0.16       -0.16      -0.26     Missed  -62.5
 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.        -0.12       -0.11      -0.15     Missed  -34.3
 30 2020                                                
 Mar. 31 2020  -0.14       -0.17      -0.15     Beat    10.4​
 Dec. 31 2019  -0.22       -0.19      -0.20     Missed  -2.6
 Sep. 30 2019  -0.27       -0.23      -0.22     Beat    2.9
 This summary was machine generated November 12 at 11:28 GMT. 
All figures in US dollars  unless otherwise stated