Beam Global reports results for the quarter ended March 31 - Earnings Summary

Beam Global

16/05/2025 18:58

Beam Global BEEM.OQ reported a quarterly adjusted loss of 32 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -21 cents.  The mean expectation of five analysts for the quarter was for a loss of 23 cents per share. Wall Street expected results to range from -34 cents to -10 cents per share.

Revenue fell 56.6% to $6.32 million from a year ago; analysts expected $14.15 million.

Beam Global's reported EPS for the quarter was a loss of $1.04​.

The company reported a quarterly loss of $15.52 million.

Beam Global shares had fallen by 3.4% this quarter and lost 37.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 11.4% 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," 1 "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 $5.00

This summary was machine generated from LSEG data May 16 at 05:57 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
Mar. 31 2025
-0.23
-0.32
Missed
Dec. 31 2024
-0.25
-0.31
Missed
Sep. 30 2024
-0.16
0.09
Beat
Jun. 30 2024
-0.20
-0.34
Missed