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

Arcimoto

16/11/2021 22:34

* Arcimoto Inc  FUV.OQ  reported a quarterly adjusted loss of 31
cents​​ per share for the quarter ended in September. The mean
expectation of six analysts for the quarter was for a loss of 20
cents per share.
* Revenue rose 119.1% to $1.50 million from a year ago; 
analysts expected $1.88 million. 
* Arcimoto Inc's reported EPS for the quarter was a loss of 31
cents​.
* The mean earnings estimate of analysts had fallen by
about 6.4% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Arcimoto Inc shares had fallen by 0.3% this quarter and
lost 13.9% so far this year.
* The company reported a quarterly loss of $11.51 million.
* Wall Street's median 12-month price target for Arcimoto Inc is
$15.00 
* 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." 
This summary was machine generated November 16 at 10:34 p.m.
 ​All figures in US dollars unless otherwise stated