Beam Global expected to post a loss of 41 cents a share - Earnings Preview

Beam Global

25/03/2024 11:03

* Beam Global  BEEM.OQ   BEEM.O  is expected to show a rise
in
quarterly revenue when it reports  results on March 27
(estimated) for the period ending December 31 2023
    * The San Diego California-based  company is expected to
report a
128.2% increase in revenue to $18.017 million from $7.9 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Beam Global is for a
loss
of 41 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$18.00​, above​ its last closing price of $6.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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
 ​​Sep.        -0.24       -0.24      -0.67     Missed  -179.6
 30 2022                                                
 Jun. 30 2022  -0.22       -0.21      -0.28     Missed  -30.7​
 Mar. 31 2022  -0.19       -0.18      -0.24     Missed  -36.1
 Dec. 31 2021  -0.20       -0.21      -0.22     Missed  -4.5
 This summary was machine generated March 25 at 11:03 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)