ChargePoint Holdings Inc expected to post a loss of 10 cents a share - Earnings Preview

ChargePoint Holdings

02/09/2024 21:57

* ChargePoint Holdings Inc  CHPT.N   CHPT.K  is expected
to show a
fall in quarterly revenue when it reports  results on September
4 for the period ending July 31 2024
    * The Campbell California-based  company is expected to
report a
24.5% decrease in revenue to $113.603 million from $150.49
million a year ago, according to the mean estimate from 14
analysts, based on LSEG data.The company's guidance on June 5
2024, for the period ended July 31, was for revenue between
$108.00 million and $118.00 million.
    * ​LSEG's mean analyst estimate for ChargePoint Holdings Inc
is
for a loss of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 14
"hold" and 1 "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 ChargePoint
Holdings Inc is $3.00​, above​ its last closing price of $1.88.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  -0.13       -0.13      -0.10     Beat    21.3
 Jan. 31 2024  -0.14       -0.13      -0.12     Beat    8.5
 Jan. 1 0001   -0.25       -0.22      -0.28     Missed  -29.7​
 Jul. 31 2023  -0.14       -0.16      -0.24     Missed  -53.8
 ​​Apr.        -0.17       -0.17      -0.15     Beat    13.9
 30 2023                                                
 Jan. 31 2023  -0.18       -0.17      -0.13     Beat    23.7​
 Oct. 31 2022  -0.19       -0.19      -0.16     Beat    15.8
 Jul. 31 2022  -0.23       -0.22      -0.18     Beat    18.4
 This summary was machine generated September 2 at 20:57 GMT. 
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)