EHang Holdings Ltd reports results for the quarter ended in September - Earnings Summary

EHang Holdings

22/11/2023 14:32

* EHang Holdings Ltd  EH.OQ  reported a quarterly adjusted
loss
of 6 cents​​ per share for the quarter ended in September,
higher than the same quarter last year, when the company
reported EPS of -14 cents.  The lone analyst forecast for the
quarter was for a loss of 15 cents per share. 
    * Revenue rose 239.3% to $3.92 million from a year ago;
analysts
expected $1.63 million. 
    * EHang Holdings Ltd shares had fallen by 14.6% this
quarter and
gained 79.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.6%
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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for EHang
Holdings
Ltd is $30.50 

This summary was machine generated from LSEG data November 22 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.15          -0.06          Beat
                                  -0.12          
 Mar. 31 2023      -0.13          -0.08          Beat
 Dec. 31 2022      -0.08          -0.14          Missed