Beam Global expected to post a loss of 16 cents a share - Earnings Preview

Beam Global

08/11/2024 15:31

* Beam Global  BEEM.OQ   BEEM.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 12
(estimated) for the period ending September 30 2024
    * The San Diego California-based  company is expected to
report a
7.7% decrease in revenue to $15.218 million from $16.49 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Beam Global is for a
loss
of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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 Beam Global
is
11.00​, above​ its last closing price of $4.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.20       -0.20      -0.34     Missed  -65.9
 Mar. 31 2024  -0.31       -0.41      -0.21     Beat    30.6
 Jan. 1 0001               -0.41      -0.67     Missed  -63.4​
 Jan. 1 0001   -0.33       -0.33      -0.26     Beat    21.6
 ​​Jan.        -0.34       -0.34      -0.32     Beat    7
 1 0001                                                 
 Jan. 1 0001   -0.40       -0.46      -0.38     Beat    17.4​
 Jan. 1 0001   -0.45       -0.41      -0.77     Missed  -86.3
 Sep. 30 2022  -0.24       -0.24      -0.67     Missed  -179.6
 This summary was machine generated November 8 at 15:30 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)