Canoo Inc expected to post a loss of 12 cents a share - Earnings Preview

Canoo

03/11/2023 11:11

* Canoo Inc  GOEV.OQ   GOEV.O  is expected to show a rise in
quarterly revenue when it reports  results 
    * The Torrance California-based  company is expected to
report
revenue of $612.5 thousand, according to the mean estimate from
4 analysts, based on LSEG data.  
    * ​Refinitiv's mean analyst estimate for Canoo Inc is for a
loss
of 12 cents per share. 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Canoo Inc
is
$1.55​, above​ its last closing price of $0.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.20       -0.19      -0.14     Beat    26.3
 Mar. 31 2023  -0.19       -0.19      -0.22     Missed  -15.8
 Dec. 31 2022              -0.35      -0.25     Beat    28.6​
 Sep. 30 2022  -0.48       -0.48      -0.43     Beat    10.4
 ​​Jun.        -0.53       -0.53      -0.68     Missed  -28.3
 30 2022                                                
 Mar. 31 2022  -0.50       -0.50      -0.54     Missed  -8​
 Dec. 31 2021  -0.49       -0.51      -0.60     Missed  -17.6
 Sep. 30 2021  -0.42       -0.44      -0.35     Beat    20.5
 This summary was machine generated November 3 at 11:11 GMT.  All
figures in US dollars  unless otherwise stated