Beam Global BEEM.OQ BEEM.O is expected to show a fall in quarterly revenue when it reports results on April 11 for the period ending December 31 2024
The San Diego California-based company is expected to report a 37.8% decrease in revenue to $12.448 million from $20.03 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Beam Global is for a loss of 25 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 $5.00, above its last closing price of $1.52.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.16
-0.16
0.09
Beat
156.3
Jun. 30 2024
-0.20
-0.20
-0.34
Missed
-65.9
Mar. 31 2024
-0.31
-0.30
-0.21
Beat
30.6
Dec. 31 2023
-0.41
-0.67
Missed
-63.4
Sep. 30 2023
-0.33
-0.33
-0.26
Beat
21.6
Jun. 30 2023
-0.34
-0.34
-0.32
Beat
7
Mar. 31 2023
-0.40
-0.46
-0.38
Beat
17.4
Dec. 31 2022
-0.45
-0.41
-0.77
Missed
-86.3
This summary was machine generated April 9 at 20:04 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)