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

ChargePoint Holdings

02/12/2024 21:07

* ChargePoint Holdings Inc  CHPT.N   CHPT.K  is expected
to show a
fall in quarterly revenue when it reports  results on December 4
for the period ending October 31 2024
    * The Campbell California-based  company is expected to
report a
18.5% decrease in revenue to $89.845 million from $110.28
million a year ago, according to the mean estimate from 14
analysts, based on LSEG data.The company's guidance on September
4 2024, for the period ended October 31, was for revenue between
$85.00 million and $95.00 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 5 "strong buy" or "buy," 13
"hold" and 2 "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 $2.13​, above​ its last closing price of $1.22.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2024  -0.10       -0.10      -0.10     Met     -4.4
 Apr. 30 2024  -0.13       -0.13      -0.10     Beat    21.3
 Jan. 31 2024  -0.14       -0.13      -0.12     Beat    8.5​
 Oct. 31 2023  -0.25       -0.22      -0.28     Missed  -29.7
 ​​Jul.        -0.14       -0.16      -0.24     Missed  -53.8
 31 2023                                                
 Apr. 30 2023  -0.17       -0.17      -0.15     Beat    13.9​
 Jan. 31 2023  -0.18       -0.17      -0.13     Beat    23.7
 Oct. 31 2022  -0.19       -0.19      -0.16     Beat    15.8
 This summary was machine generated December 2 at 21:07 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)