Beam Global expected to post a loss of 34 cents a share - Earnings Preview

Beam Global

12/08/2023 03:08

* Beam Global  BEEM.OQ   BEEM.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 14. 
    * The San Diego California-based  company is expected to
report  a
303.4% increase in revenue to $15 million from $3.72 million a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Beam Global is for
a loss
of 34 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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
$25​, above​ its last closing price of $9.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.40       -0.42      -0.38     Beat    10.6
 Dec. 31 2023  -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
 ​​Mar.        -0.19       -0.18      -0.24     Missed  -36.1
 31 2022                                                
 Dec. 31 2021  -0.20       -0.21      -0.22     Missed  -4.5​
 Sep. 30 2021  -0.21       -0.22      -0.19     Beat    12.3
 Jun. 30 2021  -0.15       -0.15      -0.18     Missed  -22.6
 This summary was machine generated August 12 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated