Beam Global reports results for the quarter ended in December - Earnings Summary

Beam Global

29/03/2023 22:02

* Beam Global  BEEM.OQ  reported a quarterly adjusted loss
of 77
cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 41
cents per share.
    * Revenue rose 126.4% to $7.90 million from a year ago;
analysts
expected $7.56 million. 
    * Beam Global's reported EPS for the quarter was a loss
of 77
cents​.
    * The mean earnings estimate of analysts had fallen by
about 30.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Beam Global shares had fallen by 8.3% this quarter.
    * The company reported a quarterly loss of $7.81 million.
    * Wall Street's median 12-month price target for Beam Global
is
$25.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 29 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.41          -0.77          Missed
 Sep. 30 2022      -0.24          -0.67          Missed
 Jun. 30 2022      -0.21          -0.28          Missed
 Mar. 31 2022      -0.18          -0.24          Missed