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

Beam Global

10/11/2022 22:02

* Beam Global  BEEM.OQ  reported a quarterly adjusted loss
of
$67.00​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for a loss
of 24 cents per share.
    * Revenue rose 227.1% to $6.61 million from a year ago;
analysts
expected $4.08 million. 
    * Beam Global's reported EPS for the quarter was a loss of
$67.00​.
    * The mean earnings estimate of analysts had fallen by
about 24.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Beam Global shares had fallen by 1.0% this quarter and
lost 35.1% so far this year.
    * The company reported a quarterly loss of $6.79 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 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.24          -67.00         Missed
 Jun. 30 2022      -0.21          -0.28          Missed
 Mar. 31 2022      -0.18          -0.24          Missed
 Dec. 31 2021      -0.21          -0.22          Missed