Beam Global reports results for the quarter ended June 30 - Earnings Summary
Beam Global reports results for the quarter ended June 30 - Earnings Summary
Beam Global BEEM.OQ reported a quarterly adjusted loss of 14 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -28 cents. The mean expectation of four analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -27 cents to -17 cents per share.
Revenue rose 21% to $8.56 million from a year ago; analysts expected $8.19 million.
Beam Global's reported EPS for the quarter was a loss of 14 cents.
The company reported a quarterly loss of $3.08 million.
Beam Global shares had fallen by 11.5% this quarter and lost 23.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the renewable energy equipment & services peer group is also "buy"
Wall Street's median 12-month price target for Beam Global is $2.50, about 54% above its last closing price of $1.15
This summary was machine generated from LSEG data August 19 at 09:00 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.20 | -0.14 | Beat |
Mar. 31 2026 | -0.21 | -0.33 | Missed |
Dec. 31 2025 | -0.20 | -0.07 | Beat |
Sep. 30 2025 | -0.24 | -0.28 | Missed |
Recent news on Beam Global
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Beam Global reports results for the quarter ended June 30 - Earnings Summary