Arcimoto Inc reports results for the quarter ended in March - Earnings Summary

Arcimoto

17/05/2021 23:53

* Arcimoto Inc  FUV.OQ  reported a quarterly adjusted loss of 13
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 12 cents per share.
* Revenue rose 125.9% to $1.39 million from a year ago; 
analysts expected $1.39 million. 
* Arcimoto Inc's reported EPS for the quarter was a loss of 13
cents​.
* The mean earnings estimate of analysts had fallen by
about 5.2% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Arcimoto Inc shares had fallen by 38.9% this quarter and
lost 38.9% so far this year.
* The company reported a quarterly loss of $4.47 million.
* Wall Street's median 12-month price target for Arcimoto Inc is
$8.00 
* 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." 
This summary was machine generated May 17 at 10:53 p.m. GMT.
​All figures in US dollars