Canoo Inc expected to post a loss of 19 cents a share - Earnings Preview

Canoo

12/08/2023 03:03

* Canoo Inc  GOEV.OQ   GOEV.O  is expected to show no change
in
quarterly revenue when it reports  results on August 14. 
    * 
    * ​Refinitiv's mean analyst estimate for Canoo Inc is for a
loss
of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$1.75​, above​ its last closing price of $0.51. ​​​

The company's guidance on May 15 2023 for the period ended June
30 was for Capital Expenditures between USD10 million and USD20
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.19       -0.19      -0.22     Missed  -15.8
 Dec. 31 2023              -0.35      -0.25     Beat    28.6
 Sep. 30 2022  -0.48       -0.48      -0.43     Beat    10.4​
 Jun. 30 2022  -0.53       -0.53      -0.68     Missed  -28.3
 ​​Mar.        -0.50       -0.50      -0.54     Missed  -8
 31 2022                                                
 Dec. 31 2021  -0.49       -0.51      -0.60     Missed  -17.6​
 Sep. 30 2021  -0.42       -0.44      -0.35     Beat    20.5
 Jun. 30 2021  -0.36       -0.35      -0.46     Missed  -29.6
 This summary was machine generated August 12 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated