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

Arcimoto

11/11/2022 24:02

* Arcimoto Inc  FUV.OQ   FUV.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 15. 
    * The Eugene Oregon-based  company is expected to report  a
124.9% increase in revenue to $3.369 million from $1.5 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Arcimoto Inc is for
a
loss of 30 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and 1 "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
$7​, above​ its last closing price of $0.55. ​​​

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 2022  -0.36       -0.30      -0.44     Missed  -46.7
 Mar. 31 2022  -0.33       -0.30      -0.34     Missed  -14.9
 Dec. 31 2021  -0.28       -0.24      -0.61     Missed  -154.2
                                                        ​
 Sep. 30 2021  -0.21       -0.20      -0.31     Missed  -55
 ​​Jun.        -0.16       -0.16      -0.26     Missed  -62.5
 30 2021                                                
 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
 This summary was machine generated November 11 at 00:02 GMT. 
All figures in US dollars  unless otherwise stated