Arcimoto Inc expected to post a loss of 30  cents a share - Earnings Preview

Arcimoto

13/05/2022 21:18

* Arcimoto Inc  FUV.OQ   FUV.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 16. 
    * The Eugene Oregon-based  company is expected to report  a
4.8% decrease in revenue to $1.327 million from $1.39 million a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Arcimoto Inc is for
a
loss of 30 cents per share. For the same quarter last year, the
company reported a loss of 13 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 had fallen by
about 4.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Arcimoto
Inc is
$11​, above​ its last closing price of $3.85. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.28       -0.24      -0.61     Missed  -154.2
 Sep. 30 2021  -0.21       -0.20      -0.31     Missed  -55
 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.                    -0.12      -0.19     Missed  -63.8
 31 2020                                                
 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
 This summary was machine generated May 13 at 20:18 GMT.  All
figures in US dollars  unless otherwise stated