Beam Global expected to post a loss of 20 cents a share - Earnings Preview

Beam Global

09/08/2024 16:50

* Beam Global  BEEM.OQ   BEEM.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 13 for the
period ending June 30 2024
    * The San Diego California-based  company is expected to
report a
5.4% decrease in revenue to $16.856 million from $17.82 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Beam Global is for a
loss
of 20 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 had fallen by
about 4.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Beam Global
is
$11.50​, above​ its last closing price of $5.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.31       -0.30      -0.21     Beat    30.6
 Dec. 31 2024              -0.41      -0.67     Missed  -63.4
 Jan. 1 0001   -0.33       -0.33      -0.26     Beat    21.6​
 Jun. 30 2023  -0.34       -0.34      -0.32     Beat    7
 ​​Mar.        -0.40       -0.46      -0.38     Beat    17.4
 31 2023                                                
 Dec. 31 2022  -0.45       -0.41      -0.77     Missed  -86.3​
 Sep. 30 2022  -0.24       -0.24      -0.67     Missed  -179.6
 Jun. 30 2022  -0.22       -0.21      -0.28     Missed  -30.7
 This summary was machine generated August 9 at 15:50 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)