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

Arcimoto

12/08/2022 21:30

* Arcimoto Inc  FUV.OQ   FUV.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 15. 
    * The Eugene Oregon-based  company is expected to report  a
214.0% increase in revenue to $2.251 million from $717 thousand
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 26 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
$10.5​, above​ its last closing price of $3.23. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.33       -0.30      -0.34     Missed  -14.9
 Dec. 31 2022  -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.        -0.13       -0.12      -0.13     Missed  -6.6
 31 2021                                                
 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
 This summary was machine generated August 12 at 20:30 GMT.  All
figures in US dollars  unless otherwise stated