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BEEM — Beam Global News Story

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Beam Global expected to post a loss of 25 cents a share - Earnings Preview

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 ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 2024-0.16-0.160.09Beat156.3
Jun. 30 2024-0.20-0.20-0.34Missed-65.9
Mar. 31 2024-0.31-0.30-0.21Beat30.6​
Dec. 31 2023-0.41-0.67Missed-63.4
​​Sep. 30 2023-0.33-0.33-0.26Beat21.6
Jun. 30 2023-0.34-0.34-0.32Beat7​
Mar. 31 2023-0.40-0.46-0.38Beat17.4
Dec. 31 2022-0.45-0.41-0.77Missed-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)

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